CRV has suddenly gained momentum in the past few days, with a rise of 16% over four days, which has indeed attracted many people to claim that the market is about to reverse. However, if you take a closer look at the technical aspects, you will find that things are not that simple.

First, let's look at the trading volume—it's not keeping up. The OBV indicator shows basically no performance. The moving average arrangement is still in a standard bearish pattern. The most critical point is that the resistance level at $0.372 has once again blocked the price's upward movement. All these signals are saying the same thing: this wave of rise is a bit hollow.

From the perspective of a small time frame, the purpose of this round of highs is very clear – to sweep away the stop-loss orders of retail investors, create a long trap, and at the same time clean up some short positions. For swing traders, the overall direction is still bearish. Once the support at $0.33 is broken, the downside space will open up.

Remember this: a rise does not equal a reversal. When truly dangerous market conditions arrive, the candlestick charts often look the most optimistic. Don't be deceived by short-term gains.