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Curve DAO Price Trend Analysis: CRV Tests Key Support Level Again, Do Bulls Still Have a Chance?
Recently, the price trend of Curve DAO (CRV) has once again attracted market attention. According to Coinalyze data, the open interest of CRV has increased by approximately 6.6% in the past 24 hours, which usually indicates that speculative funds are accelerating their entry. However, in contrast to the rising activity in derivatives, CRV's price has fallen by 2.63% during the same period, with a nearly 10% decline over the past week, indicating that the bullish and bearish sentiments are widening.
From the overall environment, the crypto market sentiment remains weak. Bitcoin (BTC) encountered resistance around $90,000 and retreated, which also exerted some pressure on the DeFi sector. Against this backdrop, is CRV already entering a more risky phase? This has become a focus for many traders.
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