BOSS Wallet data source, Curve today's price trend, CRV latest price has risen to $0.7847, an increase of 3.02%, trading volume $889 million
From the analysis of the K-line chart, it is currently a downward trend. Compared to 12:00, there has been a significant increase, a recovery compared to 10:00, and a decrease compared to 06:00. The price is rising but trading volume is declining, which usually indicates that the market's upward momentum is weakening and the number of buyers is decreasing.
This volume-price divergence phenomenon may be due to a lack of sell orders. In this case, future prices may experience a correction or sideways consolidation, as the lack of trading volume support makes it difficult for the price to sustain its rise. Investors should be cautious of the risk of a high-level pullback, monitor whether trading volume can keep up with the price rise, and whether there is new buying interest.
Trading volume decreases while price increases. According to the Williams indicator, the current situation shows no overbought or oversold conditions. Recently, trading volume has decreased, with trading volume down from the previous few hours, price rising, and trading volume declining: upward momentum is weakening.
Upward momentum is weakening, it is recommended to wait and see, be cautious of pullback risks, and pay attention to changes in trading volume and new buying interest.
The above content is for reference only and does not constitute investment advice.