The crypto market, including AAVE, showed a neutral stance during Tuesday's market session. AAVE has experienced a slowdown in recovery momentum but maintained an uptrend for a potential breakout. The AAVE price has seen remarkable growth in the last two weeks, driven by trader speculation on favorable DeFi conditions under potential pro-crypto policies. AAVE has recorded significant onchain activity, including whale transactions, on-chain transaction volume, and unique addresses transacting on the network. These spikes in activity could lead to initial volatility but also indicate the potential for a sustained long-term rally. The AAVE price is currently trading at $237.5 with an intraday gain of 0.88% and has the potential for a 10% surge to challenge a 3-year high resistance of $260. This resistance level also marks a key neckline for a major reversal pattern called the rounding bottom.



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