Look at this CRV chart, my first reaction is: the main force is performing. The price is firmly stuck at 0.2541, with dense buy and sell orders on both sides, and a difference of over 20,000 contracts in the order flow. The buying seems fierce, but it just won't push the price up. Why? Most likely absorbing funds or distributing.



You see that the top buy at 0.2541 has over 50k units stacked, while the top sell at 0.2542 has only a couple thousand. On the surface, the bulls seem to have the advantage, but the price remains unmoved—classic "fake order" tactics—making you think it can't fall further. When you chase in, they counter with a quick sell.

Looking at the transaction details, at 23:48, two consecutive trades totaling over 5,000 units all at 0.2541, indicating there is indeed support here, but no large orders sweeping the market. Small steps in, and after eating up the orders, they still hold back, not seeming ready to launch.

This kind of chart pattern is the most frustrating. The fluctuation range is painfully narrow, only 0.002, making it easy for futures traders to trap both longs and shorts. Spot trading can be held, after all, it has already doubled from the bottom, but don't expect a sudden surge in the short term.

My view: Keep an eye on the boundaries at 0.2530 and 0.2550; whichever side breaks through with volume first, follow that. For now, this sluggish market is better to just watch and wait. #我的Gate交易时刻
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