CRV breaks above $0.4, 33 million tokens' concentration increases, releasing a bullish signal

【Crypto World】CRV’s recent performance has indeed been eye-catching — the price broke through the $0.40 mark, with a 24-hour increase of over 8%. What’s more interesting is the obvious activity of large holders. Since early January, whales have quietly accumulated 33 million CRV tokens, and this increase in concentration usually indicates institutional optimism about the future.

However, the rebound hasn’t been entirely smooth. The $0.433 level is a bit tight and has become a short-term resistance point. But from a technical perspective, both RSI and MACD indicators are showing bullish signals, giving traders plenty of room for imagination. With the current momentum, the psychological barrier of $0.5 is likely to be broken, and the longer-term target points to the $0.548 high touched in November.

Considering the changes in whale holdings and the increase in network activity, CRV seems to have the momentum for a short-term rebound. Of course, risks always exist, and the key is whether it can hold above the $0.433 resistance.