【See Decline】
CRV is currently quoted at 0.3124, down 11.30% over the past 24 hours, still down 14.62% over 7 days. The intraday range is 0.3092–0.3557, with a volatility of 15.0%.
【Market Overview】
CRV is down 11.30% in the last 24 hours. After rebounding to around 0.3557, it was pushed back again—there is a high density of trapped-seller orders above.
There are still no signs that short-term weakness has turned around, and selling pressure continues to be released.
Put alongside BTC’s -1.93%, CRV’s performance is clearly weaker.
Bearish in the short term.
【Reasons for Bearish View】
The sell pressure near 0.3557 hasn’t been fully digested yet, and each subsequent pullback rebound has less strength than the last.
The price is moving along 0.3092, and the buyer-seller switching here is clearly tilted toward the sellers.
With the bearish order structure in place, rebounds are prone to being repeated again and again—don’t carry too heavy a position.
If the rebound can’t stand above 0.3557 on strong volume, treat it as weak consolidation.
$CRV #CRV