Why did $CRV suddenly surge?
1. Large investors are buying in—market makers push the price up to attract retail investors to follow suit, then cash out at high positions.
2. Positive news—such as Curve adding a new mining pool (which can earn more interest), or collaborating with a major project.
3. Market following trends—Bitcoin is rising, or other DeFi tokens (like UNI, AAVE) are increasing, CRV rides the wave.
4. Short sellers are squeezed—previous shorts are forced to close their positions, buying more as the price rises, pushing it even higher.
5. Exchanges are making moves—such as suddenly a large amount of CRV being withdrawn, the market thinks it will rise, leading to frantic buying.
⚠️ Note:
- CRV is highly volatile, rising quickly and falling even faster; don’t get carried away!
- Check if there is real news or if it's just speculation; be cautious of being taken advantage of.
Simple summary: Either there’s real good news, or someone is manipulating the market; don’t easily take the bait! Ling Ge only guides fans to buy at the bottom, not to chase highs; currently, trading is not recommended.
