$$CARV Using data from the first three halvings, this position at 0.0437 is very similar to LTC after the 2016 halving—first pump 30% to 0.0439, then washout 20% to 0.0335.

24-hour trading volume 19.6M, the whales are playing tug-of-war with a noose.
If you didn't buy at 0.035, chasing the long now means your neck is already in the noose.
Look at the historical script: after the 2020 halving, EOS at a similar level (around 0.04) first dumped to 0.028, played dead for two weeks, then a bullish candle pumped to 0.08.
The current trading volume of CARV is 2.3 times its daily average, but the turnover rate is only 11%, indicating that large funds are accumulating in batches while retail investors are panic selling.
The third layer of data is OBV: since the move up from 0.0335, volume has not decreased, and the bulls have not completely retreated.
Trading suggestions in 3x speed version: 1. Light position bottom-fishers set a stop loss at 0.041, exit if it breaks; 2. Conservative players wait to buy at 0.038-0.039, this is the Fibonacci 0.618 level, stop loss at 0.036; 3. Aggressive players now hedge: buy spot at 0.0437, open 3x short futures at 0.045, so you win both ways—but don't blame me for not warning you, this is walking on the edge of a knife.
Position must not exceed 5%, take profit half at 0.048, keep the other half for 0.06.
I used this script on RUNE last year and made 3x, but flipped on CFX last week—data doesn't lie, but execution does.
Now the key is to watch the turnover rate at 8 AM tomorrow. If it breaks above 15%, the washout is over and 0.044 can become support; if it consolidates with shrinking volume, it will likely retest 0.035 again.
History doesn't repeat itself, but it rhymes. — Now, doesn't this rhyme resemble the week before VET's breakout in 2019? Think about it.