币界网报道：Curve DAO [CRV] is in a daily and weekly downtrend at press time. In fact, a recent report from AMBCrypto states that the CRV token has a bearish market structure. The selling pressure behind the token has yet to ease and momentum also remains bearish. The price is clinging to the lower Bollinger Band, repeatedly testing it as support. The 20-day moving average has also been acting as resistance recently. OBV highlights the steady selling volume that Curve DAO bulls have been unable to stop. Without a sustained influx of demand, a change in the bearish trend will be difficult. However, there may be some hope. The $0.45 area highlighted in cyan was a bullish order block in early April. This is an area of demand that could see a bullish trend reversal in the coming days. At the time, the price saw a strong bullish reaction from this area. Granted, the recovery of Bitcoin [BTC] has helped CRV’s rebound. Another Bitcoin rally could ease the selling pressure on the token. However, at the moment, the situation for the leading cryptocurrency can be classified as slightly shaky. On-chain conditions highlight potential buying opportunities. As the Curve DAO token faces the threat of falling towards a bullish order block, network metrics highlight a possible buying opportunity. Weighted sentiment, which measures sentiment based on social media engagement, is slightly bearish. The downtrend over the past month has resulted in a steady decline in the MVRV ratio, which stands at -18% at press time. This suggests that CRV holders over the past three months have been suffering losses. However, the average coin age has been trending upwards amid this downtrend. MCA has declined over the past week, but its upward trend could indicate network-wide accumulation. The increase in accumulation and holders suggests that prices are at or near a bottom. Based on these metrics, investors could buy CRV at a low price. The age consumption metric also suggests that there has been some coin movement in recent days, which is a sign of selling. However, these numbers are not alarming and do not capture a capitulation event. Disclaimer: The information provided does not constitute financial, investment, trading, or other type of advice and is solely the opinion of the author.