AAVE / TetherUS
Long

Lending space has moved into pressure cooker recovery

288
As the overall market and Ethereum falls we have seen price enter recovery phase

Recovery phase forming a 'pressure cooker' can be extremely powerful sign of stable recovery

The lending space has continued to boom with AAVE deposits at all time highs. Deposits keep increasing as Ethereum Foundation adds more ETH into AAVE

Keep an eye on how lending space moves within this forming pressure cooker

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.