隨著零售貿易商推動市場下跌，AAVE 正在下降趨勢中尋找新的需求區

儘管在前幾個月是市場推動者，但 Aave [AAVE] 最近卻難以取得顯著的收益。過去一周，該代幣已下跌 14.01%

Despite being a top market mover in recent months, Aave [AAVE] has encountered difficulties in making substantial gains. Over the past week, the token has dropped by 14.01%, continuing its downward trajectory with an additional loss of 11.89% in the last 24 hours.

儘管近幾個月來，Aave [AAVE] 一直是市場的主要推動者，但在取得實質收益方面卻遇到了困難。過去一周，該代幣下跌了 14.01%，繼續下跌趨勢，在過去 24 小時內進一步下跌 11.89%。

This downturn is expected to continue, lagging behind other assets and anticipating further declines before potential recovery.

這種低迷預計將持續下去，落後於其他資產，並預計在潛在復甦之前將進一步下跌。

AAVE Searches for New Demand Zone in Downturn

AAVE 在低迷時期尋找新的需求區

The coin is currently experiencing a significant drop, which is expected to continue until it reaches a level with enough liquidity to either stabilize or shift the market direction.

該代幣目前正在經歷大幅下跌，預計這種情況將持續下去，直到達到具有足夠流動性以穩定或改變市場方向的水平。

At the time of writing, this potential demand zone is projected to be between $135.34 and $116.21, as marked on the chart.

截至撰寫本文時，該潛在需求區域預計在 135.34 美元至 116.21 美元之間，如圖表所示。

If this level holds, AAVE may chart a path back to its previous high, potentially reaching the $200 mark. Further market momentum could support the asset’s movement toward even higher levels.

如果該水平保持不變，AAVE 可能會回到先前的高點，並可能觸及 200 美元大關。進一步的市場動力可能會支持該資產走向更高的水平。

Retail Traders Drive AAVE Market Drop

零售貿易商推動 AAVE 市場下跌

The recent decline in AAVE’s market value has been largely attributed to retail traders actively selling the asset.

最近 AAVE 市值的下降很大程度上歸因於零售交易者積極出售該資產。

According to data from IntoTheBlock, the number of active addresses surged in the last 24 hours, reaching 1,220 at the time of analysis.

IntoTheBlock 的數據顯示，過去 24 小時內活躍地址數量激增，截至分析時已達到 1,220 個。

A sharp increase in active addresses, coupled with a prolonged market decline, suggests that market participants are more inclined to sell than to buy.

活躍地址的急劇增加，加上市場的長期下跌，表明市場參與者更傾向於賣出而不是買入。

Meanwhile, large holders, or “whales,” have remained relatively neutral. The number of large transactions has decreased significantly, dropping from a high of 334 on November 12 to 126 at the time of writing.

同時，大持有者或「鯨魚」則保持相對中立。大筆交易數量大幅減少，從11月12日的高點334筆下降至撰寫本文時的126筆。

This whale inactivity may change if AAVE reaches a price level that these larger investors consider favorable, potentially within a demand zone where buying activity could increase.

如果 AAVE 達到這些大型投資者認為有利的價格水準（可能位於購買活動可能增加的需求區域內），這種鯨魚的不活躍可能會改變。

Traders Shift to Long-Term Holding

交易者轉向長期持有

Further analysis indicates that the overall market sentiment for AAVE remains bullish, as spot traders are increasingly moving their holdings off exchanges for long-term storage.

進一步分析表明，AAVE 的整體市場情緒仍然看漲，因為現貨交易商越來越多地將其持有的資產從交易所轉移到長期儲存。

Analysis of Aave’s [AAVE] price movements reveals a lagging trend behind other assets, anticipating further declines before potential recovery.

對 Aave 的 [AAVE] 價格走勢的分析顯示，其趨勢落後於其他資產，預計在潛在復甦之前將進一步下跌。

AAVE’s token is currently experiencing a significant downturn, which is expected to continue until it reaches a level with sufficient liquidity to either stabilize or shift the market direction.

AAVE 的代幣目前正在經歷嚴重的低迷，預計這種低迷將持續下去，直到達到足夠流動性的水平以穩定或改變市場方向。

At the time of writing, this potential demand zone is projected to be between $135.34 and $116.21, as marked on the chart.

截至撰寫本文時，此潛在需求區域預計在 135.34 美元至 116.21 美元之間，如圖表所示。

If this level holds, AAVE may chart a path back to its previous highs, potentially reaching the $200 mark. Further market momentum could support the asset’s movement toward even higher levels.

如果該水平保持不變，AAVE 可能會回到先前的高點，並可能觸及 200 美元大關。進一步的市場動力可能會支持該資產走向更高的水平。

The recent decline in AAVE’s market value has been largely driven by retail traders actively selling the asset.

最近 AAVE 市值的下跌主要是由零售交易者積極出售該資產所推動的。

Data from IntoTheBlock shows a surge in activity, with 1,220 active addresses at the time of analysis.

IntoTheBlock 的數據顯示活動激增，在分析時有 1,220 個活動地址。

This trend, coupled with the prolonged market decline, suggests a higher inclination among market participants to sell than to buy.

這種趨勢，加上市場的長期下跌，顯示市場參與者的賣出傾向高於買入傾向。

In contrast, large holders, or “whales,” have remained relatively neutral, with the number of large transactions decreasing from a high of 334 on November 12 to 126 at the time of writing.

相較之下，大額持有者或「鯨魚」則保持相對中性，大宗交易數量從 11 月 12 日的高位 334 筆減少到撰寫本文時的 126 筆。

This whale inactivity may shift if AAVE reaches a price level that these larger investors find favorable, potentially within a demand zone where buying activity could increase.

如果 AAVE 達到這些大型投資者認為有利的價格水平（可能位於購買活動可能增加的需求區域內），鯨魚的不活躍可能會發生變化。

Despite the market downturn, the overall sentiment for AAVE remains bullish, with spot traders moving their holdings off exchanges for long-term storage.

儘管市場低迷，但 AAVE 的整體情緒仍然看漲，現貨交易商將其持有的資產從交易所轉移到長期儲存。

Data from IntoTheBlock shows that over the past 24 hours and 7 days, 22.09 thousand and 67.46 thousand AAVE, respectively, were withdrawn from exchanges.

IntoTheBlock的數據顯示，過去24小時和7天內，分別有2.209萬和6.746萬個AAVE從交易所撤出。

This trend of removing AAVE from exchanges reduces the circulating supply available for immediate sale, which can support demand and indicate a broadly bullish outlook for the asset.

將 AAVE 從交易所移除的趨勢減少了可立即出售的流通供應量，這可以支撐需求並表明該資產的前景普遍看漲。