Someone Tell $AAVE: $10M in Fresh Deposits and Still No Breakout?

After weeks of weak sentiment and price stagnation, fresh capital is now entering the Aave ecosystem. Aave V4 has crossed $10 million in deposits—a signal that often precedes price expansion rather than follows it.

Price remains range-bound, but pressure is building.

$AAVE has been trading within the $90-$130 range on the daily time frame for one month now. This trading range highlights the indecisiveness phase. Bears have managed to prevent further gains, but buyers are holding at key price levels. The increasing demand could finally tip the scales in favor of the bulls.

The shift in demand is evident on the charts. At press time, $AAVE's Stochastic RSI was rebounding from an oversold region, indicating that bearish sentiment is fading and a possible bullish reversal may happen soon.

Both Spot and derivatives markets are showing signs of strength. Buyers were dominating Spot activity according to recent Spot Taker CVD data, indicating steady demand at current levels. If this dominance holds, a shift in structure could be affirmed.

At the same time, whales appeared to be positioning ahead of a potential move by accumulating more orders on Futures markets. This accumulation could be attributed to increased liquidity from V4 developments. This alignment across markets often signals growing confidence.

$AAVE's recent setup suggests that fundamentals may be stepping in to challenge the prevailing bearish trend. If capital continues to flow into the protocol and buyers maintain control, the current range could resolve in the bulls' favor.

A decisive break above resistance would signal that the market is ready to reprice higher.

As it stands, Aave's usage is rising, capital is flowing, and buyers are gaining ground. If this trend continues, the token could be setting the stage for a broader reversal—driven by both positive fundamentals and price action.

Aave V4 deposits crossed $10M, signaling growing real usage and capital inflow. Whale accumulation and strong spot demand hint at a potential bullish reversal.