Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
AAVE +5.51% Surges on $50M Buyback and $35B TVL, With Technical Analysis Indicating $150–$160 as Support

AAVE +5.51% Surges on $50M Buyback and $35B TVL, With Technical Analysis Indicating $150–$160 as Support

Bitget-RWA2025/11/05 03:00
By:Bitget-RWA

- AAVE surged 5.51% in 24 hours to $196.04 despite 13.13% 7-day and 35.74% 1-year declines. - Aave DAO launched a $50M annual buyback program, supported by $35B TVL and $12.6M monthly protocol revenue. - Technical analysis identifies $150–$160 as key support, with analysts projecting potential rebounds to $240–$538 by year-end. - A backtest strategy suggests long positions near 50-day lows could capitalize on defined technical reversal patterns.

On November 4, 2025,

climbed 5.51% over the past 24 hours, reaching $196.04. However, it has declined by 13.13% in the last week and 35.74% over the previous year. Despite these declines, the token’s fundamentals remain robust. The Aave DAO recently introduced an annual buyback program worth $50 million, financed by profits generated from the protocol. This move highlights Aave’s dedication to rewarding its token holders and reinforcing its ecosystem. In the last month alone, Aave brought in $98.3 million in fees and $12.6 million in protocol revenue, while its total value locked (TVL) stands at $35 billion.

The combination of the buyback initiative, steady cash flow, and substantial TVL reflects confidence in Aave’s enduring stability and growth prospects. These strong financial figures set Aave apart from more speculative projects and contribute to a positive outlook for AAVE in 2025.

Technical analysis further supports the possibility of a rebound for Aave. The primary support zone is now between $150 and $160, which coincides with a long-term upward trendline established since 2023. Experts believe that if this support holds, Aave could reverse course and target $240, with the potential to reach $341 in the short term. Should the price break above $341, a rally toward the $446–$538 range by the end of the year could follow. This technical pattern is seen as a healthy correction rather than a sign of weakness, especially given the overall volatility in the cryptocurrency market.

Backtest Hypothesis

To assess the technical scenario, a backtest can be designed under the premise that Aave will rebound from the $150–$160 support area. The backtest would use a systematic approach: initiate a long position when the price closes within 2% of the latest 50-day low and is confirmed by a higher close the next day. The exit strategy would be to close the position at the first close at or above $341, or, if that price is not reached, to exit any open trades by the end date of November 4, 2025. This methodology demonstrates a disciplined strategy to capture potential gains from a clearly defined technical level.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin Updates: Swiss Crypto Lending Offers 14% Returns Alongside Bank-Backed Insurance

- Swiss crypto lender Fulcrum offers 14% APR on stablecoins with Lloyd's insurance and FINMA regulation. - Platform uses 50% LTV over-collateralization and institutional-grade security to mitigate market risks. - Targets inflation-hedging investors by bridging traditional finance gaps with insured crypto yields. - Competes with alternatives like Bitget's zero-interest loans but emphasizes regulatory compliance and capital preservation.

Bitget-RWA2025/11/05 05:04
Bitcoin Updates: Swiss Crypto Lending Offers 14% Returns Alongside Bank-Backed Insurance

Bitcoin News Update: Analyst Highlights How MSTR's Convertible Bonds Prevent Forced Bitcoin Sales

- MSTR's convertible debt structure allows debt repayment via cash, stock, or both, avoiding Bitcoin sales during market downturns. - The company raised €350M through a 10% dividend-bearing euro-denominated preferred stock offering to fund Bitcoin purchases. - Q3 results showed $3.9B operating income from Bitcoin gains, driving a 7.6% stock surge to $273.68 post-earnings. - Risks persist if Bitcoin fails to rally in 2028, potentially forcing partial liquidation amid $1.01B 2027 debt obligations. - MSTR hol

Bitget-RWA2025/11/05 04:50
Bitcoin News Update: Analyst Highlights How MSTR's Convertible Bonds Prevent Forced Bitcoin Sales

Solana News Today: Solana ETFs Surpass Bitcoin as Staking Returns Attract Institutional Investments

- U.S. spot Solana ETFs (BSOL/GSOL) attracted $199M in 4 days, outperforming Bitcoin/Ethereum ETF outflows. - 7% staking yields drive institutional inflows as investors rotate capital from major crypto assets. - Despite ETF success, SOL price fell below key support levels, raising concerns about $120 price floor. - Strategic staking and treasury purchases boosted Solana's institutional appeal, with $397M in staked assets. - Market remains cautious as ETF competition intensifies, with Bitwise's BSOL outpaci

Bitget-RWA2025/11/05 04:50
Solana News Today: Solana ETFs Surpass Bitcoin as Staking Returns Attract Institutional Investments

Bitcoin News Today: Bitcoin’s Fourth Quarter Surge: Impact of Trade Disputes, Stronger Dollar, and Evolving Global Economic Strategies

- Bitcoin fell nearly 15% in October 2024, its worst quarterly start since 2022, driven by U.S.-China trade tensions, dollar strength, and macroeconomic caution. - A 100% U.S. tariff on Chinese imports and Fed rate-cut delays exacerbated selloffs, triggering $1.3B in liquidations during a flash crash below $103,000. - Key support levels at $107,000 and $101,150 face retests as traders warn of further declines, with market cap dropping below $3.6T amid fragile liquidity. - Wintermute denied Binance lawsuit

Bitget-RWA2025/11/05 04:50
Bitcoin News Today: Bitcoin’s Fourth Quarter Surge: Impact of Trade Disputes, Stronger Dollar, and Evolving Global Economic Strategies