Boosted by a brief market rebound, the Curve DAO token (CRV) rose over 10%, reaching $0.24. Although some traders' target prices are $0.40, the token still faces unfavorable factors such as negative funding rates, cautious social sentiment, and its price being below key moving averages. Bitcoin prices are below $70,000, and on-chain activity is weak, with overall market sentiment cautious, indicating that downside risks remain high in the short term.