The latest market evening report from Gate.io: CRV price reaches $0.7617 per token, with a 3.04% intraday increase.

BOSS Wallet data source, today’s price of Curve, CRV’s latest price breakthrough to $0.7617, an increase of 3.04%, volume $8.44 billion

Through the analysis of the candlestick chart, it is currently in a downtrend. Compared to a significant pump at 11:00, there is a rebound compared to 10:00, and a decline compared to 06:00. When the price rises while the volume decreases, it usually means that the market’s pumping momentum weakens, and the number of buyers decreases. This kind of divergence between volume and price is usually due to a lack of selling pressure. In this case, the future price may pullback or consolidate sideways. Due to the lack of volume support, the price pump is difficult to sustain, and investors need to be vigilant about the risk of a high-level pullback. Investors should follow whether the volume can match the price pump and whether new buying pressure enters the market. The volume decreases, the price rises, and the pump momentum weakens. According to the Williams indicator, the current market condition is neither Overbought nor Oversold. Recently, the volume has decreased, the volume has decreased compared to the previous few hours, the price rises, and the volume decreases: the pump momentum weakens.

The upward momentum is weakening, it is recommended to wait and see, follow the changes in volume and new buying interest, and guard against risks.

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