AAVE, being too strong means risk. Short-term buy around 300. Stop loss at 285. For medium to long term, accumulate in batches below 150. Although favored by capital, the purpose of capital is to drive up prices and sell, distributing chips to retail investors. Where is the market maker always lifting the retail investors? $AAVE $BCH

AAVE has performed remarkably well in this bull market. It is the absolute leader in DEFI lending. AAVE's on-chain TVL has reached a record $39 billion, far exceeding the previous bull market's $32 billion. Currently, 95% of the tokens have been unlocked. There is no risk of selling pressure. The Trump family has also been increasing their holdings.
From the pattern, there has always been significant capital buying in, making it truly a darling of capital and a hot commodity.
Recently, while the overall market has pulled back, it has risen against the trend, indicating that a large amount of chips are in the hands of the market makers. It's very strong, but being overly strong can also pose risks.

Currently, the short-term pressure is near 400. For a short-term daily line, you can place an order around 300, with a stop-loss set at 285. For the medium to long term, it is not recommended to chase high positions. Better to miss out. The market maker's cost is between $50 and $80. The real upward movement starts at $110. If you must say something about cyclical positioning, then it's better to place an order around 150-120. The market makers keep pushing the price up, continuously going long, merely to attract retail investors to take over. After investing so much capital, they definitely want to sell at high positions to retail investors.
Although it may have the opportunity to reach previous highs around 700 in the future. However, from an investment perspective, buying in at around 300 for the medium to long term is simply foolish. It's a love-hate relationship with it; now that you see it clearly, if you want to trade short-term, just look at the pattern and go ahead.