Pyth DAO has committed 100% of the funds it receives from the Pyth products to accumulating $PYTH in its reserve

It is this mechanism that continued to propel bullish momentum, but Pyth crypto was challenging a major long-term supply zone at the time of writing.

Is $PYTH crypto about to form a bullish crossover?

On the 1-week chart, the heavy trading volume in mid-August boosted the CMF and A/D indicators. Due to the way these two indicators use the session close and candlesticks for calculation, the volume indicators fell back toward neutral territory.

The weekly timeframe swing structure was still bearish, and the $PYTH crypto prices have only recently surpassed the 23.6% Fibonacci retracement…