Price Position and Structural State
CoreWeave, Inc. (CRWV) closed at 85.94 USDT on August 27, 2026, down 7.44%. The asset now sits in a sideways structure inside its 55-day range. Current 55-day support is near 59.06 USDT, with resistance near 117.65 USDT. Price is near the middle of the range, so the market has no clear structural edge until it closes outside these levels.
Moving Averages and Trend Context
CRWV is trading below short-term moving averages while still holding above longer-term support. MA9 at 88.593 USDT may cap short-term recovery attempts, while MA50 at 85.41 USDT remains the more significant structural support area. The structure resembles a pullback within a broader trend more than a full trend failure.
Trading Friction and Price Efficiency
CRWV shows low trading friction, with a 3-day friction score of 72.3. The score combines price progress, wick rejection, and volume confirmation. Recent candles show cleaner acceptance, with cleaner price progress and lighter wick rejection. This gives moves near support or resistance more weight, especially when price closes cleanly.
Open Interest, Funding, and Positioning
Open interest increased sharply +12.20% in one day, showing a major increase in futures exposure. OI sits near the middle of its 60-day range, so the move adds leverage from a normal base rather than from a stretched one.
Funding is near neutral across the 24-hour and 7-day averages, at 0.000000% and -0.000597%. This shows limited cost pressure on either side, so funding is not giving a strong directional signal right now.
The long/short ratio is 1.45, showing more long accounts than short accounts. It sits near the middle of its 60-day range, so this is a long tilt without clear historical crowding.
Correlation, Beta, and Index Relationship
CRWV shows weak linkage to the broader crypto market (Sigloid Index). Correlation is limited, and R² indicates that index behavior explains only a small portion of its movement. This suggests price action is largely driven by asset-specific factors rather than broader market direction. Over the 30-day window, the relationship is stable. Over the 60-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | -0.029 | -0.084 | 0.001 | Inverse linkage |
| 60D | -0.003 | -0.01 | 0 | Inverse linkage |
| 180D | — | — | — | Not enough data |
Momentum, Volatility, and Indicator Pressure
CRWV's volatility profile is controlled rather than stretched. ATR% reads 7.46, near the middle of its full historical range. Bollinger Band width% reads 34.25, near the lower side of its 60-day range. 20-day Volume Z-score is -0.11. Range expansion is not leading the setup right now.
Momentum is weaker. RSI is 44.95, ROC14 is -19.75%, and MACD histogram is negative. These readings point in the same direction: downside pressure is active, while recovery pressure remains limited.
The read is cautious: downside momentum is active, but volatility and participation do not confirm a strong break yet.
Broader Market Regime
The Sigloid Index remains in a bullish regime, showing broad strength across the market. CRWV has a weak link to that market condition, so price behavior depends more on its own structure than on the broader market trend.
Key Levels for the Next State Change
For CRWV, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 117.65 USDT establishes a bullish regime, while a daily close below 55-day support at 59.06 USDT confirms a bearish regime.