Curve DAO (CRV) has been in a continuous downtrend since August, with the overall trend leaning bearish. Previously, after the price broke below $0.37, the market widely expected a further decline to the long-term key support level at $0.243. However, CRV only dipped to a low of $0.331 before quickly rebounding to $0.385, rising approximately 16% in just over four days, sparking discussions about a “trend reversal.”
From a structural perspective, this rebound is more of a technical correction rather than a trend reversal signal. Earlier analysis by AMBCrypto on CRV indicated that it remains in a clear bear market pattern. This rally just filled the imbalance area on the 6-hour chart and also absorbed some short-term selling pressure. Despite prevailing market sentiment of capitulation and whale sell-offs, these factors did not prevent a short-term rebound.
However, from a medium- to long-term view, the downward trend of CRV has not changed. The OBV indicator shows little to no significant increase, indicating limited buying strength. The inflow of funds on daily or short cycles is insufficient to reverse the downward structure formed over months. Multiple moving averages remain aligned downward, exerting resistance on the price and reflecting that the overall market is still dominated by bears.
Key price levels show that $0.372 has been reaffirmed as an important resistance. Although the price briefly broke above this level, it was quickly pushed back down by bears, indicating strong selling pressure in this area. From the 1-hour chart, the rebound high is slightly above the previous H6 imbalance zone, and at one point, $0.372 was turned into support. However, this support was quickly lost, further weakening the possibility of an upward continuation.
Therefore, the probability of CRV continuing to push towards $0.40 or higher in the short term is relatively low. This rebound is more likely a liquidity grab to clear overly concentrated short positions rather than a trend reversal.
For traders, despite the recent rapid rebound of CRV, the overall trading approach should remain cautiously bearish. If the price cannot regain stability within the $0.372–$0.38 range, a fall back below $0.33 cannot be ruled out. This level is also an important reference point for short-term Fibonacci extension. Based on technical and market structure analysis, Curve DAO currently appears more as a phase of selling or waiting after a rebound rather than a clear medium- to long-term buying opportunity.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Crypto Market Records Dip While Sentiment Remains Neutral
The global crypto market is undergoing a correction, with a 0.86% drop in total capitalization to $2.41T. Bitcoin and Ethereum fell by 1.21% and 1.33%, respectively. Despite declines in DeFi TVL and NFT sales, some altcoins surged significantly.
BlockChainReporter1h ago
William Blair: After a certain CEX callback, risk is released, and prospects are boosted by USDC growth
Investment bank William Blair said that after a decline in its stock price in the first quarter, a certain CEX has already completed risk clearing, and the market has fully priced in expectations of weak trading volume and revenue. Although the trading data is soft, the impact is limited; the exchange has strengthened its competitiveness through a diversified layout. The stablecoin USDC continues to grow, raising its market share and generating synergistic benefits. Institutional investors are bullish on a market recovery and believe the exchange has upside potential.
GateNews1h ago
BTC 15-minute rise 0.48%: stronger spot buy-side demand combined with shrinking liquidity driving the move
2026-04-13 14:30 to 2026-04-13 14:45 (UTC), BTC saw a +0.48% return within a 0.55% amplitude range (71600.7–71997.0 USDT). During this period, market volatility increased; both spot and on-chain data indicate that short-term capital flows were notably active, market attention rose, and sentiment remains cautious.
The main driver behind this deviation is stronger spot-market buy pressure and the continued net outflow of exchange funds. Specifically, over the past 24 hours, BTC spot trading volume was about $33.15B, compared with the 7-day average
GateNews2h ago
Bitmine gets promoted to the NYSE main board! Tom Lee: US stocks may be at their bottom, and selling pressure on Ether could ease
Bitmine has officially transferred from the NYSE American board to the main board in the United States, marking an important milestone for the company. Despite a significant drop in its share price, it has still increased the share repurchase plan amount to $4.0 billion. The company holds a large amount of Ether, and it expects that a rebound in the crypto market will help improve its assets and share price performance.
CryptoCity2h ago
Gold and silver fall across the board, and the BTC/ETH volatility index rises slightly
On April 13, gold and silver prices fell to $4,732.92 per ounce and $74.209 per ounce, respectively. The BTC volatility index rose by 0.42%, and the ETH volatility index rose by 0.31%. The U.S. dollar versus the Chinese yuan and the Japanese yen edged up slightly, major European stock indexes generally fell, while WTI and Brent crude oil prices rose. The Gate platform supports trading for multiple asset types.
GateNews3h ago
ETH 15-minute rise of 1.24%: On-chain capital outflows and macro risk aversion converge to boost volatility
From 2026-04-13 13:45 to 14:00 (UTC), ETH surged rapidly within a 1.48% amplitude. The price ranged from 2182.61 to 2214.98 USDT, and the return rate in 15 minutes reached +1.24%. This bout of unusual activity has drawn market attention, with active capital inflows and outflows, a marked increase in volatility, and a short-term warming of trading sentiment.
The main driver behind this unusual activity is on-chain capital outflows and changes in the holdings structure. Over the past few weeks, the net positions of the 1k–10k ETH whale cohort and the 10k+ super whale cohort have continued to decline, around April 13, the related
GateNews3h ago
