BOSS Wallet data source, Curve today's market news, CRV latest price: $0.9533, 24-hour drop -2.526%, trading volume $327 million

According to the analysis of the K-line chart, it is currently in an upward trend. Compared to 07:00, it has risen significantly and has broken through the 08:00 high. The price is rising but the trading volume is decreasing, which usually indicates that the upward momentum in the market is weakening and the number of buyers is decreasing.
This phenomenon of divergence between volume and price may be due to a lack of selling pressure. In this case, future prices may experience a pullback or sideways consolidation, as the lack of trading volume support makes it difficult for prices to sustain their rise. Investors need to be cautious of the risk of a high-level pullback, pay attention to whether trading volume can keep up with the price increase, and whether new buying pressure is coming in.
Trading volume has decreased compared to previous days, price is rising, and trading volume is down: upward momentum is weakening. According to the Williams indicator, it is currently in an overbought state. Recently, trading volume has decreased, and trading volume has declined compared to the previous hours, with price rising and trading volume decreasing: upward momentum is weakening.

Analysis: upward momentum is weakening, or there may be a risk of pullback.

The above content is for reference only and does not constitute investment advice.