$AAVE finally broke out.
Looking at the historical K-line chart, it reached an absolute bottom in June.
Over three months, it rose steadily from the low point of just over $50 to more than $160.
After introducing a buyback mechanism following the lowest point, the K-line has shown a bottom consolidation structure with step-by-step higher lows.
As DeFi’s showcase and a leading lending platform, its certainty should be the highest—my personal view is second only to ETH.
Looking forward to a move up to the $300 resistance level.