CVX has recently experienced a significant increase, attracting a lot of attention. Data shows that the price continues to rise, staying above the 7-day, 25-day, and 99-day moving averages, indicating a strong short-term bullish signal. Behind this rally, an important driving force is the renewed influx of capital into the DeFi sector. The market is beginning to focus on yield optimization strategies, and Convex Finance, as a core participant in the Curve ecosystem, with its large holdings of Curve voting rights and stable yield assets, naturally becomes a focal point for capital.



However, don't be too optimistic. The MACD histogram has turned negative, and the 6-period RSI has fallen back from overbought levels, suggesting that upward momentum may be waning. The trend could face a technical correction. Besides technical factors, the macro environment also harbors several hidden risks—potential U.S. military actions in Venezuela, oil price volatility, global debt expansion—all of which could trigger market turbulence at any time. Additionally, recent trading activity appears somewhat concentrated, with signs of automated systems participating, and some large holders have started to reduce their positions during the price rise. These clues are worth paying close attention to.
CVX3,24%
CRV5,5%
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SybilAttackVictimvip
· 01-05 09:14
CVX's recent rally is indeed impressive, but once the MACD turns negative, we need to be cautious. Big players are already secretly reducing their positions, while we're still chasing the rally. DeFi yields are tempting, but we should be cautious; macroeconomic issues are ready to explode at any time. CVX holding steady above the moving averages looks good, but automated systems can be very tricky. Honestly, this market feels a bit like a bubble, short-term bullish but... forget it, I think I'll reduce my positions first. It seems everyone is betting on a DeFi rebound, but the risks are really hidden deep. A technical correction is imminent, and we've long been mentally prepared for it.
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MetaDreamervip
· 01-04 23:04
CVX this wave is a bit weak, big players are quietly fleeing --- MACD turning negative but still claiming a rally? Be careful of catching the falling knife --- The heat in DeFi is genuine, but this time it feels like institutions are pulling a fast one --- Short-term bullish but long-term getting cut, old routine --- With so many macro risks, even if CVX rises again, it’s hard to hold --- Automated systems are dumping, don’t be fooled --- RSI falling back is a signal, everyone should run now --- Convex is indeed strong, but how long the price can hold is really uncertain --- Another technical correction, macro risks, anyway, it’s dangerous --- Big players reducing positions, retail taking over, an eternal story
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PrivateKeyParanoiavip
· 01-04 07:56
Another wave of DeFi hype, but the MACD has already turned around, and big players have been fleeing early. CVX has surged fiercely this time, but it feels like the capital entry is a bit rushed, gotta be careful. With the market so concentrated, automated systems are stirring things up inside, I'm feeling timid. Wait, did the big players reduce their positions? Should I run too? Always talking about bullish signals, but the technicals have already changed face. Is this a trap? DeFi is always like this—when it rises, everyone is an expert; when it falls, everyone pretends to be dead. The macro environment is so chaotic, why are you still watching the moving averages? Are you throwing a tantrum? CVX is easy now, right? But I don't dare to take this position.
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MoonRocketTeamvip
· 01-04 07:55
CVX this wave is indeed exciting, but I knew it was slowing down the moment the MACD turned negative. Big players have already quietly sold off. It feels like the momentum of the booster is really declining, and technical adjustments could happen at any time. Be prepared with a parachute. Behind this round of rise is sufficient DeFi supply, but with so many macro landmines, any one of them could blow up our trajectory. Don't just be happy about the 7-day moving average holding steady; a decline in RSI from overbought levels is the real signal. I've learned my lesson. Centralized trading combined with automation systems—this vibe is a bit like the market manipulators loading up ammunition and then running away.
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MetaverseHomelessvip
· 01-04 07:53
CVX's recent rally is indeed fierce, but I started to get a bit nervous when the MACD turned negative. Big players are quietly selling off, and we're still chasing here? Short-term technicals look good, but with such a chaotic macro environment, be cautious. Convex's returns are indeed stable, but don't get shaken out. I feel this rally might be a bit fake, let's wait and see. DeFi rebounds may not last, I'll wait until the dip is complete before jumping in. The MACD turning negative is a pretty strong signal, we need to be on guard. Large investors reducing their positions is the most genuine indicator, I believe in that. The harder the rise, the deeper the pullback—everyone who’s been in the market knows this principle.
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GetRichLeekvip
· 01-04 07:51
Another wave of signals to cut leeks, when MACD turns negative I know it's time to run, but I still missed the chance and took a heavy loss. Are the big players quietly reducing their positions and you didn't notice? On-chain data has long shown that the chip distribution is shifting. Why do I keep chasing the high? CVX surged fiercely this time, but the technicals have already broken. The macro issues will eventually trigger a blowout. Are you still dreaming of bottom fishing? It's all my fault for being too clear-headed during late-night review, and turning into a FOMO monster during the day. This is my cycle. When MACD turns negative after being overbought and falls down, isn't that a top signal? I always hit the highest point, I really give up. Big players reducing their positions, can't you see? I clearly see it but still get cut. That's called leeks' self-awareness, brothers. Don't believe in the so-called DeFi capital flowing back; the whales are just blowing hot air. The ones always waiting to buy the dip are us retail investors. Recently, trading volume has concentrated and automated systems are involved. Isn't it obvious someone is dumping? Why am I still adding positions? This technical correction will lead to another round of blood loss. I've seen through it but can't change it. Although the moving averages are still holding up, MACD has betrayed us. It's time to clear out, everyone. Don't wait for the big dip to bring down this old trick.
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SwapWhisperervip
· 01-04 07:38
Bro, I knew it was time to run when the MACD turned negative. --- Big players are quietly reducing their positions, and we're still here picking up the bag? --- With so many macro risks, CVX may rise sharply, but we still need to be cautious. --- The technical indicators are starting to turn around; this wave is probably coming to an end. --- The DeFi hype is back, but automated systems are dumping, brother. --- RSI is falling from overbought levels; it's time to be alert. --- It feels like funds are fleeing en masse; whoever gets in late will take the hit. --- Profit optimization is just a cover; the big players have already started reducing their positions. --- This rally looks exciting, but every detail is a warning sign. --- If the Venezuela situation escalates, a price spike in oil could spell disaster.
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FlashLoanPrincevip
· 01-04 07:38
CVX this wave of gains is great, but it feels like it's about to turn around. MACD has already turned negative, do you still believe in it? Big players are quietly pulling out, and you're still chasing the high? Wake up, buddy. DeFi is heating up again, I bet five dollars it will crash next week. Oh my god, RSI has dropped from overbought, isn't this the rhythm of an adjustment? CVX is hot, but the macro issues are ready to trigger a sudden crash at any time. Robots are trading wildly, I, as a small retail investor, should still stay on the sidelines. The upward trend looks smooth, but as soon as MACD reverses, it's game over. Honestly, the market patterns are too deep; I choose not to participate. Funds are flocking to Convex, but the signal to reduce positions is already very clear. Another round of cutting the leeks? I’ve learned to be smarter this time.
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