AAVE's four-hour trend today puts pressure on traders. The price has only slightly risen from 260.75 to 261.75, with a rise of barely 0.37%, and the overall trading range is only 0.58%, indicating extremely low market activity.



On the technical side, the K-line is tightly suppressed by multiple moving averages, and the downward trend since the high point of 325 remains evident. The MACD indicator shows poor performance, with the fast and slow lines almost touching, and the green bars continue to shrink, indicating insufficient buying power. Although the J value in the KDJ indicator has reached a high of 85.14, it is still questionable whether this technical rebound can be sustained.

In terms of trading volume, there is currently only 14.8k in trading volume, indicating a significant lack of market participation and a lack of effective capital support. From a comprehensive analysis, AAVE may continue to decline slightly within a narrow range today, with the 263 level acting as resistance, while the more noteworthy support level is at 255. If this level is breached, it may trigger a larger adjustment.

In the current market environment, investors should closely monitor the impact of macroeconomic factors on crypto assets, especially the potential volatility that the direction of Federal Reserve policies may bring to the market.
AAVE-2,06%
J-1,38%
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