✴️ Aave $1,743 New All-Time High (Name Your Altcoin)

Aave hit bottom May 2022, marking the end of the bear market.
The bear market lasted from May 2021 through May 2022, one year.

A very long accumulation period starts after May 2022, no new lows; 100% sideways action.

We can see how a short consolidation phase in late 2020 led to a very strong rally.
Right now we have a long consolidation phase, which can in turn lead to a super strong rally.

👉 The next All-Time High can be around 1,743.
Previous All-Time High happened at 666.

👉 By the way, the chart is bullish short-term based on the September long upper wick that peaked at 116 and the fact that we have higher lows since June 2023.

Namaste.