Hype-Fueled Uptrend Likely Exhausted, Gradual Reversion Expected

CoreWeave, Inc. (Ticker: CRWV) has experienced a sharp and extended bullish run driven largely by market enthusiasm and speculative hype. However, current technical indicators suggest that this uptrend has reached a point of exhaustion and a reversion to mean is highly probable.

Key Observations:
Price Action:

The recent parabolic rise appears unsustainable, with signs of weakening momentum in the latest candles (notably a tall upper wick indicating selling pressure at highs).

Price has moved significantly away from key moving averages, creating a wide gap that historically resolves with a pullback.

Market Sentiment:

The stock's trajectory reflects a hype-driven narrative, likely fueled by AI/data center exposure headlines.

Sentiment-driven rallies often overshoot fundamentals and correct sharply once speculative demand cools.

Trading Idea:
We propose a short-term bearish trading setup, targeting a gradual retracement toward the $65 support zone, which aligns with a key volume shelf and prior consolidation range. This zone represents a more stable "base" from which the stock could rebuild after profit-taking and sentiment normalization.