Two Scenarios Where Ethereum Could Reach $5,140: Seizing the Next Bull Market Opportunity

CVX Current Market Overview

Chart: https://www.gate.com/trade/CVX_USDT

As of August 4, 2025, CVX—the native token of Convex Finance—was trading at 4.284 USDT on Gate, up 12.38% over the previous 24 hours. Nearly 480,000 CVX traded hands, keeping its overall market cap among the top mid-cap DeFi projects.

This surge marks a strong rebound following a week of declines, with short-term support holding at recent lows. Investors are closely watching to see if CVX can sustain its rally and break through the early-year resistance zone (4.50–5.00 USDT), positioning itself as a leading asset in the current DeFi sector uptrend.

Technical Indicators and Short-Term Rebound Analysis

Technical analysis shows CVX has moved above the midline of its 4-hour Bollinger Bands, with rising volume signaling increased bullish momentum. Key indicators include:

• MACD: Bullish crossover around the zero line with expanding positive momentum bars.
• RSI: Rapidly climbed above 60, suggesting further upside potential.
• EMA: 5-day EMA has crossed above the 10-day, indicating a positive short-term trend.

Additionally, rising trading volume confirms active capital inflows. If CVX can hold the 4.20–4.30 USDT range over the next 2–3 days, it may soon test resistance at 4.80 and 5.20 USDT.

Bullish Outlook and Potential Returns

According to an August 2025 forecast from AMBCrypto, CVX could reach a target price of 6.36 USDT this month, with an average price projection of 5.95 USDT—a 39%–48% increase from current levels, which may provide attractive returns for holders.

Convex Finance is also pursuing a new phase of deep integration with Curve DAO. With the governance proposal’s approval, the token could receive additional fundamental support.

Risk Notice

When considering CVX as an investment, pay particular attention to these risks:

1. Short-term overbought and correction risk: Rapid gains may prompt profit-taking, causing sharp pullbacks.
2. Governance discord: Divisions within the community may undermine market confidence.
3. DeFi policy and regulatory risk: The U.S. SEC and EU have ramped up DeFi oversight, which could impact projects like Convex.

Conclusion and Strategy Recommendations

If you’re new to CVX, consider the following approaches:

• Entry strategy: Consider opening an initial position in the 4.00–4.30 USDT range.
• Stop-loss: Place at 3.75 USDT to limit downside risk.
• Target prices: 5.50 USDT (short-term), 6.30 USDT (mid-term).
• Key watchpoints: Monitor updates on Convex-Curve integration, protocol TVL metrics, and DAO governance activity.

In summary, CVX offers compelling opportunities at current prices for both short-term trades and mid-term positions, making it an interesting choice for investors with moderate risk tolerance.