BOSS Wallet data source, Curve today's price trend, CRV latest price breaks to $1.0348, increase of 3.05%, trading volume $378 million

According to the K-line chart analysis, it is currently in a volatile trend. Compared to 16:00, there has been a significant drop, breaking through the low of 12:00, and it has decreased compared to 14:00. When the price drops and trading volume rises, it usually indicates an increase in market selling pressure, with sellers actively selling.
This situation may be due to the market's pessimistic expectations for future prices, or it may be affected by certain negative news, leading to panic selling. Future prices may continue to decline as selling pressure is high and market sentiment is pessimistic.
Investors should be vigilant about whether the price will break through key support levels. If the support level is breached, it may trigger a larger decline. The market is active, and prices are declining. According to the Williams indicator, it is currently neither overbought nor oversold.
Recently, trading volume has increased, with trading volume rising compared to the previous few hours, while prices are falling, leading to increased selling pressure.
The market rise contradicts the analysis, it is recommended to continue observing and proceed with caution, adjusting positions based on subsequent market trends.

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