Bitcoins Decline Below 70000 Impacts HighRisk Loans on Aave

Furthermore, the surge in high-risk loans within the Aave Protocol has escalated the potential for liquidation risk for investors in case of a market downturn. The short-term outlook for AAVE indicates a bearish trend, with a pattern of lower highs evident on the daily chart. This series of high movements, linked by a descending trend line, has established substantial resistance levels, reinforcing the prevailing selling sentiment among traders. Stay updated on the most recent financial and business developments by visiting COINTURK FINANCE.