AAVE bounced 50% from the bottom, and looking at the chart it broke through a pressure zone. RSI 14 just hit overbought at 72, similar to where HYPE broke its previous high, but HYPE was more overbought at that time, with RSI 14 closing at 78. Breakout + overbought means strong momentum here, but also strong resistance. There may be a short-term pullback, but the trend is still good. I remember HYPE had a -10% pullback the next day, and I couldn't control myself, thinking the breakout had failed, so I sold some. The third day it continued to new highs, leaving me in tears 😂. Personally, I feel that if a pullback happens, don't rush to sell, wait another day or two. I remember HYPE's pullback coincided with the start of BTC's downtrend, so at that time seeing the market wobble was indeed a bit panicking. But now the market is in a peak bearish period, with RSI already oversold, so at least we shouldn't expect another two weeks of sharp decline, right? As long as it can stabilize and bounce a bit somewhere, it can help AAVE continue its trend.

AAVE0.08%
HYPE-2.02%
BTC0.53%
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TheMasterWillStopAfterEarning
· 06-26 18:05
I agree.
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