AAVE 价格分析：2025 年 DeFi 复兴会继续推动 AAVE 价格上涨吗？

去中心化金融（DeFi）行业在 2024 年经历了复兴，截至 12 月 17 日，锁定总价值（TVL）已飙升至 1540 亿美元的两年高点。

Decentralized finance (DeFi) had a banner year in 2024. According to data from DeFiLlama, the Total Value Locked (TVL) surged to a two-year high of $154 billion on December 17.

2024 年是去中心化金融（DeFi）辉煌的一年。根据 DeFiLlama 的数据，12 月 17 日，锁定总价值（TVL）飙升至 1540 亿美元，创两年新高。

This growth sparked interest in DeFi protocols and tokens like Aave [AAVE]. In its yearly review, the AAVE protocol highlighted that net deposits reached a record high of $35 billion in 2024. This growth positioned AAVE as the largest DeFi platform.

这种增长引发了人们对 DeFi 协议和 Aave [AAVE] 等代币的兴趣。 AAVE 协议在年度回顾中强调，净存款将于 2024 年达到 350 亿美元的历史新高。这一增长使 AAVE 成为最大的 DeFi 平台。

Data from DeFiLlama further depicted growth as total monthly fees on the protocol reached a three-year high of $65.34M. Meanwhile, revenues amounted to $11.68M. The total amount borrowed on the protocol also surged past the $14 billion mark.

DeFiLlama 的数据进一步描绘了增长，该协议的每月总费用达到 6534 万美元，创下三年来的新高。与此同时，收入达到 1168 万美元。该协议的借贷总额也飙升至 140 亿美元大关。

Surging activity drove AAVE’s price gains in Q4 2024, and if the same growth is recorded this year, it could bode well for the altcoin. However, despite the DeFi renaissance, the token’s daily chart showed potential bearish trends.

激增的活动推动了 AAVE 在 2024 年第四季度的价格上涨，如果今年也出现同样的增长，这对山寨币来说可能是个好兆头。然而，尽管 DeFi 复兴，该代币的日线图却显示出潜在的看跌趋势。

AAVE price analysis

AAVE价格分析

AAVE, at press time, traded at $330 after a 6.4% gain in 24 hours. Despite these gains, the token’s one-day chart depicted a bearish double-top pattern.

截至发稿时，AAVE 交易价格为 330 美元，24 小时内上涨 6.4%。尽管取得了这些收益，但该代币的单日图表描绘了看跌的双顶模式。

AAVE had bounced from the neckline of this pattern at $299, indicating that bulls were attempting to maintain control.

AAVE 已从该形态的颈线 299 美元反弹，表明多头正试图保持控制。

If the buying activity depicted by the volume histogram bars continues and AAVE flips resistance at the two peaks ($391), it could invalidate the bearish thesis depicted by the double-top.

如果成交量直方图所描绘的购买活动持续下去，并且 AAVE 在两个峰值（391 美元）处翻转阻力，则双顶所描绘的看跌论点可能会失效。

At the same time, the Relative Strength Index (RSI) line was tipping north. If this line crosses above the signal line to form a buy signal, it could ignite a rally toward the $391 resistance level.

与此同时，相对强弱指数（RSI）线向北倾斜。如果该线穿过信号线形成买入信号，则可能会引发反弹至 391 美元的阻力位。

The Awesome Oscillator also showed that the bearish trends were weakening due to the shortening histogram bars.

动量震荡指标还显示，由于直方图条形缩短，看跌趋势正在减弱。

However, traders should also watch out for the crucial support at the neckline, as a breach below this level could cause a drop to $207.

然而，交易者还应该留意颈线处的关键支撑，因​​为跌破该水平可能会导致价格跌至 207 美元。

Long/Short Ratio suggests…

多空比率表明……

On the derivative front, AAVE depicted a bearish bias due to a decline in the Long/Short Ratio. At press time, this ratio stood at 0.95, suggesting that traders with short positions were marginally higher than those with long positions.

在衍生品方面，由于多空比率下降，AAVE 呈现出看跌倾向。截至发稿时，该比率为 0.95，表明空头头寸交易者略高于多头头寸交易者。

While this decline could indicate negative sentiment, an increase in short positions while the price is rallying could result in a short squeeze if these positions are liquidated. The resulting buying pressure could push AAVE higher.

虽然这种下跌可能表明负面情绪，但在价格上涨时空头头寸增加，如果这些头寸被清算，可能会导致空头挤压。由此产生的购买压力可能会推高 AAVE。