AAVE: Rebirth after the crisis—Is $82 a starting point or the end?
Today, AAVE surged with a big volume jump of 13%, with trading volume exploding to $500 million. On the first day after the V4 version went live, deposits surpassed $200 million. Even Standard Chartered has called for a $3,500 target price—everything happened just three weeks after the $845 million liquidation crisis!
Crisis turns to opportunity: In early June, a run was triggered by the hack of #KelpDAO , and #AAVE was driven from $80 down to $60. The team urgently injected $300 million to stabilize liquidity flow; user funds were not frozen. The new V4 Hub-and-Spoke architecture has fully addressed the risk isolation issue, and it was immediately recognized by the market after launch.
Credibility of the target price: Standard Chartered’s $3,500 target may sound wild, but look at history—back in 2020, no one believed Bitcoin could reach $100,000; in 2023, no one believed Solana could go from $8 to $200. After falling from $660 to $60, AAVE has declined over 90% in three years. At around $82, the margin of safety is more than sufficient.
Technical confirmation: Today’s high-volume bullish long candle. The RSI has violently rebounded from the oversold zone, and short-term moving averages are about to form a golden cross. Key levels: resistance 85–88 → 95–100 → 130; support 78–80 → 70–75.
Trading strategy: For short-term trades, wait for a pullback to 78–80 with declining volume, then enter as the downtrend stabilizes; place a stop-loss below 75. For swing trades, enter in batches once the daily chart holds above $82 and any pullback does not break below 78; target 95–110.
Catalysts: Governance community review of the sGHO cross-chain proposal; rumors of a Kraken acquisition. With a deflationary mechanism plus ecosystem expansion, $AAVE is regaining market trust!
Today, AAVE surged with a big volume jump of 13%, with trading volume exploding to $500 million. On the first day after the V4 version went live, deposits surpassed $200 million. Even Standard Chartered has called for a $3,500 target price—everything happened just three weeks after the $845 million liquidation crisis!
Crisis turns to opportunity: In early June, a run was triggered by the hack of #KelpDAO , and #AAVE was driven from $80 down to $60. The team urgently injected $300 million to stabilize liquidity flow; user funds were not frozen. The new V4 Hub-and-Spoke architecture has fully addressed the risk isolation issue, and it was immediately recognized by the market after launch.
Credibility of the target price: Standard Chartered’s $3,500 target may sound wild, but look at history—back in 2020, no one believed Bitcoin could reach $100,000; in 2023, no one believed Solana could go from $8 to $200. After falling from $660 to $60, AAVE has declined over 90% in three years. At around $82, the margin of safety is more than sufficient.
Technical confirmation: Today’s high-volume bullish long candle. The RSI has violently rebounded from the oversold zone, and short-term moving averages are about to form a golden cross. Key levels: resistance 85–88 → 95–100 → 130; support 78–80 → 70–75.
Trading strategy: For short-term trades, wait for a pullback to 78–80 with declining volume, then enter as the downtrend stabilizes; place a stop-loss below 75. For swing trades, enter in batches once the daily chart holds above $82 and any pullback does not break below 78; target 95–110.
Catalysts: Governance community review of the sGHO cross-chain proposal; rumors of a Kraken acquisition. With a deflationary mechanism plus ecosystem expansion, $AAVE is regaining market trust!