Brother B saw that $AAVE has bottomed out, and will rise 100 times next! 🚀
After aave's slight correction, it's time to buy the bottom.
The current price is 147. On the hourly line, we can see that it is already at the key support level. It is a good time for us to build a position. If it does not rise this month, it will rise next month!
Aave started in 2017 (formerly ETHLend) and quickly developed into a leading project in the DeFi field. As a lending platform, Aave mainly provides a trustless, transparent and secure traditional financial proposal solution.
The lending market in DeFi is still small, but is likely to experience significant growth in the coming years, especially as more institutional players gradually enter the market. With its strong brand credibility and leading position, Aave is well-positioned to absorb this new influx of funds and is expected to expand horizontally into more new markets (such as Solana).
Additionally, a comparison of the Market Cap/TVL ratio shows that AAVE remains undervalued despite its recent surge.
AAVE has recently broken out of a one-year trading range, and given its current undervalued status, we expect the market to reprice it soon. Even if it doubles in a bull market, it is considered small. At least it should be 10 times or more.
