BOSS Wallet data source, Curve today market news, latest CRV price: $0.982, 24-hour increase of 2.281%, trading volume $347 million

According to the analysis of the K-line chart, it is currently in an upward trend. Compared to 13:00, it has slightly increased; compared to 12:00, it has slightly decreased; it has rebounded compared to 07:00; and has decreased compared to 09:00. When the price rises while the trading volume decreases, it usually indicates a weakening of market upward momentum and a reduction in the number of buyers.
This phenomenon of divergence between volume and price is usually due to a lack of selling pressure. In this case, future prices may correct or consolidate sideways. Due to the lack of trading volume support, it is difficult for prices to maintain an upward trend, and there is a risk of a pullback from high levels. Investors should pay attention to whether trading volume can support the price increase and whether new buying pressure enters the market.
Upward trend, overbought, recent trading volume has decreased, price has risen, trading volume has decreased: upward momentum is weakening. According to the Williams indicator, the current market state is overbought. Recent trading volume has decreased, trading volume has decreased compared to the previous few hours, price has risen, trading volume has decreased: upward momentum is weakening.

Market upward momentum is weakening, investors are advised to remain cautious and avoid chasing highs.

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