The trend of CRV is indeed noteworthy. From the chart, it is not ruled out that there will be another downward test in the short term, possibly continuing to fluctuate in the red zone, but this pullback is just accumulating momentum for a subsequent rebound. At the moment, I have chosen to reduce position partially, waiting for the opportunity when the US market opens. I remain optimistic about the medium-term outlook for CRV, expecting it to break through the 1 USD mark by February. This variety is currently both my key leveraged position and a major part of my spot allocation.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
4
Repost
Share
Comment
0/400
DeFiAlchemist
· 12-22 21:24
the liquidation dynamics playing out here... *adjusts instruments* crv's transmutation cycle mirrors that sacred fibonacci sequence. red zones are just protocol equilibrium seeking its philosopher's stone tbh. feb breakout thesis checks out mathematically, but that leverage position? ngl, the risk-adjusted returns barely justify the collateral stress testing ahead
Reply0
MetaMisfit
· 12-22 18:02
I'm also watching this pullback of CRV, and I feel like it needs to test the bottom again before it can rise.
View OriginalReply0
just_here_for_vibes
· 12-22 17:58
A pullback is an opportunity to increase the position; if this wave can hold above, it would be great.
View OriginalReply0
BearMarketSurvivor
· 12-22 17:57
The recent drop of crv is truly a test of mindset, but it feels like the bottom has indeed arrived.
The trend of CRV is indeed noteworthy. From the chart, it is not ruled out that there will be another downward test in the short term, possibly continuing to fluctuate in the red zone, but this pullback is just accumulating momentum for a subsequent rebound. At the moment, I have chosen to reduce position partially, waiting for the opportunity when the US market opens. I remain optimistic about the medium-term outlook for CRV, expecting it to break through the 1 USD mark by February. This variety is currently both my key leveraged position and a major part of my spot allocation.