CVC Latest Update: Price Volatility: CVC has risen by 11.9% and is currently in a consolidation phase, with bullish momentum weakening. Project Fundamentals: Civic, as a leader in the decentralized identity (DeID) space, is making progress and is being enhanced by new Solana integration. It's worth noting the Technical Momentum: The 7-period EMA has crossed above the 25-period and 99-period EMAs, indicating that a bullish trend is forming in recent hours. However, be cautious about Momentum Cooling: The RSI indicator shows a sharp drop from previously overbought levels, indicating that recent bullish momentum has significantly weakened, and further retracement may occur.
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$CVC Tracking of Big Players' Movements
Recently, based on data from the aice100 platform, I conducted a statistical analysis, simply整理了一些当前盘面的结构和情绪方向,给大家参考:
📌 Direction: Bearish
📌 Suggestion: Wait and see or cautiously short
📌 Risk Control: High Risk
The following is my personal logical breakdown, which may not be entirely accurate, just for communication and sharing:
🐋 **Smart Money Big Whale Dominating Bears**: The number of bearish whales (87) far exceeds that of bulls (54), and the value of bearish whale positions (1.79M) is 2.35 times that of bulls (0.76M), indicating that institutional funds are strongly betting on a decline.
The above are some of my personal views on the current $CVC , and further contributions are welcome.
#CVC
