From the perspective of the past 24 hours +11.90%, and the coordinate point of returning 30 days +28.72%, $AAVE climbed from $119 in mid-September to $165 today. What’s truly worth noting isn’t the single-day spike, but that it took about two weeks to lift the bottom by nearly 40%. It touched 175.9 intraday and then pulled back to 165—suggesting there’s selling pressure overhead. Yet the 24-hour trading volume is $753M, nearly 3x that of early September—liquidity really has flowed in.
What I care about more is the structure of this rally: it isn’t stretched into a straight line by a single headline, but rather a step-like push with volume surges in three phases on 9/22, 9/26, and 9/30. This kind of move is more solid than a string of long bullish candles, but it also means that once it breaks below the recent range of 153–155, the short-term logic will need to be re-validated.
$AAVE is still 75% away from ATH. Its market cap ranks at #42—not exactly cheap. But when the DeFi sector warms up, the alpha often comes from this stage where the “leader hasn’t been repriced yet.” Right now, $165 is sitting just above the middle between the 9/26 high at 153 and the 24h high at 175—an archetypal decision point.
The risk is here too: it’s up 28.7% over the past 30 days, but over a one-year horizon it’s still -39.77%, meaning the big trend is still in a repair phase. If, over the next 48 hours, the trading volume can’t stay above $400M, then 175 could become the short-term ceiling.
If you’re trading short-term, you’re watching the gain/loss of 153; if you’re doing swings, you might need to wait for the first pullback to confirm before looking for a second entry. Which perspective are you taking right now—are you more inclined to chase, or to wait?
What I care about more is the structure of this rally: it isn’t stretched into a straight line by a single headline, but rather a step-like push with volume surges in three phases on 9/22, 9/26, and 9/30. This kind of move is more solid than a string of long bullish candles, but it also means that once it breaks below the recent range of 153–155, the short-term logic will need to be re-validated.
$AAVE is still 75% away from ATH. Its market cap ranks at #42—not exactly cheap. But when the DeFi sector warms up, the alpha often comes from this stage where the “leader hasn’t been repriced yet.” Right now, $165 is sitting just above the middle between the 9/26 high at 153 and the 24h high at 175—an archetypal decision point.
The risk is here too: it’s up 28.7% over the past 30 days, but over a one-year horizon it’s still -39.77%, meaning the big trend is still in a repair phase. If, over the next 48 hours, the trading volume can’t stay above $400M, then 175 could become the short-term ceiling.
If you’re trading short-term, you’re watching the gain/loss of 153; if you’re doing swings, you might need to wait for the first pullback to confirm before looking for a second entry. Which perspective are you taking right now—are you more inclined to chase, or to wait?