AAVE: Institutions are starting to take notice, but the price is still under selling pressure. Has a spot opportunity emerged?
🔎 1. Key facts
* Aave V4 has surpassed $1.5 billion in deposits, according to the October development report.
* Aave recorded cumulative borrowing volume of $1.1 trillion.
* A fund linked to Payward (Kraken’s parent company) purchased an undisclosed amount of AAVE.
* The broader market remains in Extreme Fear, putting altcoins at risk of a correction.
📊 2. SM Crypto’s perspective
The platform is expanding its operations, but that doesn’t mean AAVE’s price will rise immediately.
Key distinction: Strong fundamentals don’t necessarily mean there’s a good buy signal.
🎯 3. Spot strategy
* Don’t FOMO while the price is falling.
* Wait for the price to form a short-term bottom and reclaim the nearest resistance zone.
* Prioritize confirmation from buying volume and a retest.
* If it continues to form lower lows, be patient and stay on the sidelines.
Conclusion: AAVE is worth adding to your watchlist, but it’s too soon to rush into buying the dip.
💬 Do you think institutional inflows are strong enough to help AAVE recover, or will market pressure continue to prevail?
#SMCrypto #AAVE #DeFi #SpotTrading #CryptoAnalysis
🔎 1. Key facts
* Aave V4 has surpassed $1.5 billion in deposits, according to the October development report.
* Aave recorded cumulative borrowing volume of $1.1 trillion.
* A fund linked to Payward (Kraken’s parent company) purchased an undisclosed amount of AAVE.
* The broader market remains in Extreme Fear, putting altcoins at risk of a correction.
📊 2. SM Crypto’s perspective
The platform is expanding its operations, but that doesn’t mean AAVE’s price will rise immediately.
Key distinction: Strong fundamentals don’t necessarily mean there’s a good buy signal.
🎯 3. Spot strategy
* Don’t FOMO while the price is falling.
* Wait for the price to form a short-term bottom and reclaim the nearest resistance zone.
* Prioritize confirmation from buying volume and a retest.
* If it continues to form lower lows, be patient and stay on the sidelines.
Conclusion: AAVE is worth adding to your watchlist, but it’s too soon to rush into buying the dip.
💬 Do you think institutional inflows are strong enough to help AAVE recover, or will market pressure continue to prevail?
#SMCrypto #AAVE #DeFi #SpotTrading #CryptoAnalysis