In old DeFi projects, UNI, AAVE, PENDLE, and SKY have all taken off—but CRV is still dragging along. Still, the chips are a bit interesting: retail accounts are 60% short, while the smart money basically isn’t picking a side; the short bias is only 50.8%. Active buy pressure is 1.34, and the buying side is pushing. When price breaks through 0.35, a short squeeze could get pretty fierce.
The dealer behind $CRV is also very typical: they usually play dead, and the moment they move, it’s a chain lift. As contract positions decrease while price rises, it indicates short covering is driving the move—not new longs entering. The dealer fans the flames, and the shorts have to chase.
On the chart, CRV has already climbed above the 50-day and 200-day moving averages (0.30, 0.24). The bottom is getting more solid, and the trend is in the process of repairing. It’s been stuck in the 0.34–0.35 range for a long time; 0.35 is the key level on the daily. Only when it stands firm with increased volume can it count as a real breakout. After that, you could look at 0.39 and even higher.
The dealer behind $CRV is also very typical: they usually play dead, and the moment they move, it’s a chain lift. As contract positions decrease while price rises, it indicates short covering is driving the move—not new longs entering. The dealer fans the flames, and the shorts have to chase.
On the chart, CRV has already climbed above the 50-day and 200-day moving averages (0.30, 0.24). The bottom is getting more solid, and the trend is in the process of repairing. It’s been stuck in the 0.34–0.35 range for a long time; 0.35 is the key level on the daily. Only when it stands firm with increased volume can it count as a real breakout. After that, you could look at 0.39 and even higher.
