AAVE fell 3.5%, dragging the CoinDesk 20 lower as the index traded down amid cooling investor appetite and mixed signals. Traders pointed to profit-taking and sector rotation affecting prices.
AAVE plunged beneath key support amid broad crypto weakness, sparking intensified selling and volatility. Market participants flag technical breakdowns and warn of potential further downside absent fresh buying.
AAVE surged past key resistance, fueling broader gains as the DeFi sector reached a record $219 billion. Traders cite renewed liquidity and growing institutional interest as drivers of the breakout.