#CoreWeave drops nearly 8% after Goldman Sachs weighs in
When I saw the headline that Goldman Sachs had sent CoreWeave shareholders $CRWV an “unexpected signal,” my first thought was: here comes another piece telling people not to panic. The news came out 0.5 hours ago, and the market had already fallen 7.79% to around 55.43. Over the past 24 hours, it ranged from a high of 60.6 to a low of 54.22, with a swing of 11.77% and trading volume of about 74.7 million USDT. That’s real money changing hands, not just talk.
My take is straightforward: this news shouldn’t be read as bullish. The price fell first—that’s the market’s vote. To show real strength, it needs to climb back above 60.6, with volume to match. If it breaks below 55.43, I’ll admit I was wrong.
Do you think that low of 54.22 will hold?
When I saw the headline that Goldman Sachs had sent CoreWeave shareholders $CRWV an “unexpected signal,” my first thought was: here comes another piece telling people not to panic. The news came out 0.5 hours ago, and the market had already fallen 7.79% to around 55.43. Over the past 24 hours, it ranged from a high of 60.6 to a low of 54.22, with a swing of 11.77% and trading volume of about 74.7 million USDT. That’s real money changing hands, not just talk.
My take is straightforward: this news shouldn’t be read as bullish. The price fell first—that’s the market’s vote. To show real strength, it needs to climb back above 60.6, with volume to match. If it breaks below 55.43, I’ll admit I was wrong.
Do you think that low of 54.22 will hold?