📉【The harder it rises, the harder it falls! AAVE shows 'wolf is coming' signal at high point】
（Golden quote alert: There are no eternal myths in the cryptocurrency world, only eternal greed and fear）
Threefold impact from news
1️⃣ Staking yields halved causing funds to flee: The recent Umbrella module reform passed by AAVE has caused the staking annual yield of stablecoin GHO to plummet from 13% to 7.7%. Among the 17 billion staked funds, 71% came for high yields, and now miners are likely to withdraw their funds overnight!
2️⃣ Regulatory sword hanging overhead: The US SEC has recently targeted DeFi protocols requiring KYC12, and once AAVE's 'decentralized' label is torn off, liquidity could evaporate by 30% in minutes.
3️⃣ Ecological expansion meets bottleneck: Although multi-chain deployment is smooth, the newly launched Sonic chain only has a scale of 380 million, which is nothing compared to the main chain's 33.5 billion; it's like a mosquito's leg meat!
Technical death cross
🔥 Four-hour candlestick shows 'gravestone doji': $317.78 instantly becomes a ghost gate, MACD red bars shrink to toothpicks, RSI stubbornly holds high at 76.5 (overbought alarm fully on), this trend is eerily similar to the reverse script before the surge on May 25!
📊 Key levels collectively rebel: $308 is just stuck at the Fibonacci 0.618 curse position (290-320 pressure zone), if the 20-day moving average fails to hold at $305, it will have to perform 'high dive'. Even more drastic, daily volume continues to shrink, indicating that the big players have buried a huge short position at $317
Operational Bible
👉 Spot traders: Set stop loss at $305, clear out immediately if it falls below $290!
👉 Contract traders: Open a short position at the current price of $308.2 with 5x leverage, stop loss at $315.5, target at the previous low of $268
👉 Zen holders: Withdraw 70% of the principal, leave 30% to bet on the miracle of V4 upgrade, but don’t increase positions before the June Federal Reserve meeting!
Hook alert: When the whole network is shouting 'buy the dip', be cautious that you might be that hearse!
⚠️ The data in this article is taken from the market on June 11 at 15:00. When published, AAVE was quoted at $308.2. If US tech stocks crash tonight, be careful not to become the bag holder at the $317 peak!
Opportunities are fleeting, a pullback is imminent, bottom fishing for spot, high profits from altcoins await you! Doubling is not a dream, click the avatar to follow me, let's join the bull market feast together!
