$AAVE continued its upward momentum
The asset consolidated above $100, and after a strong impulse surge it is now consolidating at new local highs for the current year, aiming to continue its upward movement.
Within the Aave ecosystem, a record inflow of capital has been recorded amid widespread rotation of spot liquidity into altcoins. The daily steady growth of new non-empty addresses confirms that the current breakout is backed by strong organic demand from smart money.
A confident daily candle close above $184 will open the way for the asset to larger targets around 202.29. However, given the almost uninterrupted growth and the fact that futures are overheated, a pullback of the coin to the $150–160 area is possible before a new surge.
Do you use Aave in your on-chain strategy (to obtain liquidity without selling assets or for farming), or do you prefer younger lending protocols with high risk/reward?
$BTC Trying to break above the cloud
After a sharp decline, the asset bounced off the MA50 moving average and began to gradually move into longs. At the moment, the price is actively trying to consolidate above the cloud on the 4H timeframe.
We're in the weekend and volatility is fairly weak, however, the dynamics are positive, which points to a potential retest of resistance at $86,700 at the start of the workweek.
Today I wouldn't expect any serious changes, since volumes have dropped off, so we wait for Monday and there we'll watch buyer activity, but preliminarily I expect a move into longs.