Let's talk about AAVE.

The recent surge in this coin is primarily due to the fact that, as we discussed earlier, its TVL (Total Value Locked) has far exceeded the peak of the last bull market, while its price is still around 300, significantly lower than the previous bull market peak of 670, indicating it is undervalued.

Additionally, the Trump family's WLFI has also increased its position in AAVE, which we analyzed in two dedicated episodes, so I am not surprised by its rise.

However, what I want to discuss today is that its short-term rise seems to be nearing its peak, having reached a prior high of 390 today, which presents significant resistance. It might be wise to take profits at this high and wait for a pullback to re-enter.

I will keep an eye on support levels above 350, like 355, for potential re-entry on dips.

In fact, whenever the market conditions are decent, I would choose to continue holding, but right now, many coins have dropped significantly, and AAVE is pushing to reach this year's previous high again, which makes me feel the overall market is not in great shape. I'm looking for a dip to buy back in.

As for the other two ecosystem coins of Ethereum, Uni and Puffer, I also have positions in them, and they are currently experiencing slight increases. They are not as aggressive as AAVE, but they are still holding up.