Curve DAO’s CRV token fell 17.08% in 24 hours, dropping below the $0.30 support level to $0.2739, while spot trading volume surged 182% to $94.49 million. Although derivatives volume jumped 126.53%, open interest declined 19.23%, indicating that traders mainly closed positions rather than deploy fresh capital. Exchange reserves fell 15.58%, but negative netflows, which signal withdrawals, did not prevent the token from declining. With the Fear and Greed Index at 38, the RSI at 30.24 and technical indicators pointing downward, CRV could fall to $0.2372 if buyers fail to reclaim the $0.30 level.
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