- Aave experienced more than $ 200 million in liquidations, but the bad debts decreased, which demonstrated resilience despite market volatility.
- Despite a price drop of 6.25%, the Altcoin maintained its most important support at $ 230, with resistance to $ 360.
Aave [AAVE] Experience with important liquidations in the last 24 hours, with more than $ 200 million. This marked the largest liquidation event for the platform since August 2024.
To date, these liquidations represent around 30% of all Aave liquidations, indicating increased market volatility.
Despite the high liquidation volume, the Aave system succeeded in preventing a large increase in bad debts that has actually been taken.
The data shows that although liquidation events were serious, the overall health of the platform remains strong. This is reflected in the total liquidated debt amount, which is around $ 369,580.
Source: X
Will diagonal support for a persistent rally be stored?
Aave’s price was confronted with a sharp decrease and dropped by 5.12% to its per time value of $ 259.34. An important resistance level was $ 360.00, while the support was $ 230.00, indicating potential future price fluctuations.
Technical indicators showed a gradual structure of support at lower levels, which can form a basis for recovery if the market stabilizes.
The analysis of Ambcrypto indicates that it has moved within a channel, with a strong resistance at $ 360.
Aave/USD -Sourage: TradingView
On the other hand, the diagonal support and resistance line suggested potential rebound points for Aave, possibly which led to a corrective movement upwards when the market shows signs of stabilization.
Reduce liquidations and network health
The liquidations in the past 24 hours were in the midst of growing concern about a broader market sentiment. The total liquidations in the Aave V3 Ethereum [ETH] The market amounted to $ 205,443,590.
At the same time, Aave’s network continues to show a relatively healthy liquidity pool with a value of $ 18.3 billion in total value locked (TVL).
Source: X
Despite the high levels of liquidation, the Ecosystem of Aave has demonstrated stability, in particular in terms of collateral management.
Data show a growing number of portfolios that are eligible for liquidation, but the reduction of the ineffordability indicates that the resilience of the system remains intact.
Who has control, bulls or bears?
Investors are currently navigating through a turbulent phase, as evidenced by the price movement and liquidations of Aave.
However, market sentiment seems to be divided, with the Altcoin maintaining an important position despite the wider decline.
The Bullish and Bearish market sentiment has remained relatively balanced in recent weeks, with bulls that were a bit surpassed bears.
Source: Intotheblock
Looking ahead, Aave’s price and market behavior will largely depend on whether the platform can retain its support levels.
Read Aave’s [AAVE] Price forecast 2025–2026
The presence of important resistance points such as $ 360.00 suggests that Aave could experience challenges to get back momentum back.
But if the platform continues to manage its collateral and debt risks effectively, a price repair can be in store.
