These past couple of days, CRV has finally shown some movement.

It increased by nearly 25% within 24 hours, reaching a high of $0.2575, while the lowest still hovered around $0.2018.
Honestly, this kind of rise looks fierce, but I don’t think it’s being driven by big players manipulating the market.

To put it simply, this is a typical oversold rebound.

It fell so hard that selling pressure couldn’t keep up, and as soon as some buy orders came in, the price naturally bounced up.
This isn’t an active attack; it’s space created by the drop.
Look at the technical indicators, RSI has already surged into the overbought zone, indicating that this rebound is mostly driven by sentiment and short covering, not genuine optimism for higher prices.

From the chart, the 7-day moving average is still at 0.2048, the 25-day is at 0.2158, and the current price is 0.2568, which is quite far off.
MACD has just recently experienced a bullish crossover, with DIF and DEA in negative territory narrowing, so there might still be some short-term inertia, but chasing at this level isn’t very cost-effective.

On the news front, Curve launched Llamalend v2 on Optimism, and there’s talk of it moving to the Ethereum mainnet later.
Product expansion is real, but normally, such news wouldn’t excite the market much.
Bringing it up now is more about giving a reason for the rebound.
Additionally, MGBX is launching a perpetual contract on CRV with 75x leverage, which will likely improve liquidity, but its direct impact on spot prices is limited.

My simple view: this kind of coin, eventually, it’s their turn to rise.
It fell so badly earlier that other DeFi tokens have already rebounded, but it’s still lying in the pit.
Now someone finally wants to pick up some cheap ones, but don’t get it wrong—this isn’t a reversal, just an oversold rebound pattern.

If you really want to participate, just watch the support and resistance levels.
Don’t get too excited in the short term; if it can’t go lower, it’ll bounce, and after that, whatever happens, will still happen.
$CRV ‌#美国5月CPI创三年新高