BOSS Wallet data source, Curve today's market news, CRV latest price: $0.7791, 24-hour increase of 16.96%, trading volume $9.62 billion

Analysis from K-line chart indicates that there is an upward trend now. Compared to 15:00, there was a significant drop, but it has rebounded compared to 10:00. When prices drop while trading volume increases, it often means that selling pressure is increasing, and sellers are actively selling.
This situation may stem from the market's pessimistic expectations for future prices, or be influenced by negative news, triggering panic selling. Future prices may continue to decline due to significant selling pressure and pessimistic market sentiment. Investors should pay attention to whether prices will break through key support levels; if support levels are broken, it may trigger a larger decline.
The market is in an upward trend, and trading volume has increased, indicating market activity. According to the Williams indicator, the current situation shows no overbought or oversold conditions. Recently, trading volume has increased, with volume rising compared to the previous few hours, while prices have dropped and volume has risen: selling pressure is increasing.

The upward movement may be driven by active market conditions, but selling pressure is increasing, suggesting cautious observation of subsequent trends and focusing on key support levels.

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