BOSS Wallet data source, Curve real-time price information, the latest price of CRV today reached $0.9723, with an increase of 3.54%, trading volume $581 million
From the analysis of the K-line chart, it is currently in an upward trend. It has risen significantly compared to 09:00 and rebounded from 06:00, breaking through the high point of 08:00. Prices are rising but trading volume is declining, which usually indicates that the upward momentum in the market is weakening and the number of buyers is decreasing.
This phenomenon of divergence between price and volume may be due to insufficient selling pressure. In this case, future prices may pull back or consolidate sideways. Due to the lack of volume support, price increases may be difficult to sustain, and investors should be wary of the risk of price retreats at high levels.
It is recommended to pay attention to whether trading volume can keep up with price increases and whether there is new buying interest. Decreasing trading volume indicates weakening upward momentum. According to the Williams indicator, there is currently no overbought or oversold condition. Recently, trading volume has decreased, with a reduction compared to the previous few hours, while prices are rising and trading volume is declining: upward momentum is weakening.
The market's upward momentum is weakening, and it is advisable to act cautiously, paying attention to changes in trading volume and the situation of new buying interest.
The above content is for reference only and does not constitute investment advice.