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

NullWhisperer · 2026-01-08T16:40:12+00:00

CRV recently broke through the $0.40 mark, with significant accumulation by large investors. Although it faces resistance at $0.433 in the short term, technical indicators are bullish, and the short-term rebound momentum is strengthening, with targets potentially reaching $0.5 and higher. However, risks should still be monitored.

NullWhisperer

2026-01-08 16:40:12

Abstract generation in progress

【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.

CRV-0,43%

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DaoResearcher

· 7h ago

According to on-chain data, the recent breakthrough of CRV is clearly not accidental — the increasing concentration of governance tokens essentially reflects a systematic bet on the protocol's future. It is worth noting that if the 0.433 resistance level is broken, the resonance between technical indicators and on-chain metrics will be the real bullish signal, rather than just a simple price breakout.

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GateUser-e51e87c7

· 01-08 17:09

Large investors are really buying the dip; it all depends on whether it can break 0.433. Feels promising.

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TeaTimeTrader