DeFi liquidity backbone faces pressure as capital rotates out of yield farming strategies.
What's Happening:
$CRV drops 7.59% to $0.3541 - among harder-hit DeFi tokens
Curve Wars narrative cooling as TVL incentives lose attractiveness
24h range from $0.3487 to $0.3849 shows elevated selling pressure
Fear & Greed at 24 accelerating DeFi rotation
Why It Matters: Curve remains critical DeFi infrastructure for stablecoin swaps, but the speculative "Curve Wars" era of aggressive CRV accumulation has cooled. The protocol's utility is intact, but token demand is more closely tied to actual yield generation now.
Technical View: CRV broke below $0.36 support and testing $0.35. Critical support at $0.3487. The token showing higher beta than DeFi blue chips during this selloff.
🎯 Key Levels:
Support: $0.3487 | Resistance: $0.3849
24h Range: $0.3487 - $0.3849
💡 Curve Wars cooled but the protocol remains DeFi's liquidity backbone
What's your take? Drop a 🔥 for bullish, ❄️ for bearish 👇
#Curve #CRV #DeFi #YieldFarming #Stablecoins
Disclaimer: This content is for educational purposes only and should not be considered financial advice. Always do your own research (DYOR) before making any investment decisions.
