AAVE’s price movements are currently shaped by whale behaviors, with notable purchases totaling 62 million USD. This may hint at bullish sentiments, yet the prevailing short-seller activity introduces significant selling pressures.

With AAVE trading around 320 USD, key support levels are identified at 285 USD, while resistance is noted at both 343 USD and 365 USD. Overall market sentiment appears cautious amid fluctuating conditions in major cryptocurrencies.