Looking at the daily chart, AAVE was pushed below $150 during the end-of-year sell-off, and then it started to rebound. Currently, the price is around $166. Interestingly, the price has returned to the middle band of the Bollinger Bands (around $160), which is actually a positive signal. In simple terms, selling pressure is easing, and buyers are willing to buy at higher levels. The recent candlesticks are getting stronger, with lows gradually rising.

But don’t get too excited too early. There is still a resistance at around $180. From the current pattern, this looks more like a breather after a decline, and it’s too early to say that the upward trend has truly begun. The MACD has already turned bullish, indicating that momentum is recovering. The question is whether the trading volume can keep up—if volume lags, the price could get stuck in the $170–$175 range.

Switching to the 4-hour chart, it looks much more comfortable. Since stabilizing around $155, the trend has shown a clear characteristic—higher highs when rising, shallower dips when falling. This is a typical short-term bullish pattern. The price has been staying above the moving averages, so the short-term trend is indeed upward.

However, note that the RSI is approaching 66, indicating the rally might be getting a bit fast. Resistance could appear around $168–$170, and the pace may slow down. As long as the support at $160–$158 holds, a slight correction is normal; if it breaks below this level, caution is needed, and the price could drop back toward $150.

In summary: Short-term, AAVE remains strong, but the medium-term is still in consolidation. Instead of chasing the high, it’s better to wait patiently for opportunities.