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    AAVE Price Prediction: $75 Retest Imminent Before Potential $95 Breakout

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    AAVE Price Prediction: Retest Imminent Before Potential Breakout


    Rongchai Wang
    May 30, 2026 08:43

    AAVE’s technical breakdown below all major moving averages signals a swift drop to $75-78 support zone within 7-10 days, but whale accumulation at 64.5% long suggests a violent reversal targeting $…

    The Immediate Setup

    AAVE is bleeding slowly at $82.71, trapped in a textbook bearish configuration that’s screaming weakness. Trading below every meaningful moving average from the 7-day ($83.86) all the way up to the 200-day ($130.82), this DeFi giant is in full retreat mode. The RSI sitting at 35.37 shows sellers aren’t exhausted yet, while the MACD flatlined at zero tells us momentum has completely stalled. With only 1.46% gains in the last 24 hours against a backdrop of aggressive selling pressure, Blockchain.news data reveals AAVE is primed for another leg down before any meaningful recovery attempt.

    Key Levels Exposed

    The technical landscape is brutal but clear-cut. AAVE’s position at 0.22 within the Bollinger Bands puts it dangerously close to the lower band at $77.98, with immediate support at $80.61 already being tested. The strong support zone at $78.50 aligns perfectly with the Bollinger lower band, creating a confluence level that should hold – at least temporarily. On the upside, resistance has stacked up like concrete walls: immediate resistance at $84.43, strong resistance at $86.14, and the 20-day moving average acting as a ceiling at $88.89. Any recovery attempt will face this gauntlet of overhead supply.

    Sentiment vs Reality

    The derivatives market is painting a fascinating picture of conflicting forces. While retail traders remain stubbornly bullish with 57.2% long positions, the real money – top traders – are even more aggressive at 64.5% long positions according to Blockchain.news tracking. This whale accumulation pattern typically signals smart money positioning for a reversal. However, the taker buy/sell ratio at 0.68 shows aggressive selling pressure is still dominating in the near term, creating a tug-of-war between long-term positioning and short-term price action. The neutral funding rate at 0.01% suggests futures markets aren’t pricing in immediate directional moves.

    Actionable Trade Strategy

    Here’s the high-probability setup: AAVE breaks below $80.61 support within the next 48 hours, triggering a swift decline to the $75-78 zone where Bollinger Band support and strong technical support converge. This represents a 6-8% downside move that should complete within 7-10 trading days. The invalidation level for bears sits at $86.14 – any break above this strong resistance negates the bearish thesis immediately.

    For the reversal play, watch for accumulation signals in the $75-78 zone with RSI approaching oversold territory below 30. The target for any bounce sits at $95, representing a 20% upside from current levels, achievable by mid-June if whale positioning proves correct. Risk management is critical: stops below $75 for longs, stops above $86.14 for shorts. The 24-hour volume of $10.13 million provides sufficient liquidity for execution, and the daily ATR of $3.74 offers reasonable profit targets relative to risk. As Blockchain.news technical analysis suggests, AAVE’s current setup favors patient traders who can navigate both the impending decline and subsequent reversal.

    Blockchain.news Crypto Market

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    Strait of Malacca: The $92 Oil Chokepoint Investors Can’t Ignore

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    Strait of Malacca: The Oil Chokepoint Investors Can’t Ignore


    Peter Zhang
    May 30, 2026 01:03

    The Strait of Malacca moves 23.2M barrels of oil daily and 30% of global trade, forcing a repricing of energy, renewables, and bypass routes.

    The Strait of Malacca has quietly become the most critical chokepoint in global energy and trade flows. Moving 23.2 million barrels of oil daily and 30% of global seaborne trade through its narrow, 2-nautical-mile-wide passage, Malacca surpasses the more widely discussed Strait of Hormuz in volume and strategic importance. Yet markets have barely priced in this concentration risk—an oversight that is already reshaping investment strategies.

    Malacca’s Overlooked Scale

    In the first half of 2025, Malacca handled 29% of global seaborne oil trade, making it the world’s busiest energy transit route. For context, the Strait of Hormuz, often associated with geopolitical flashpoints, moves about 20 million barrels per day. China alone absorbs 48% of Malacca’s crude shipments, roughly 7.9 million barrels daily, while Gulf exporters like Saudi Arabia and the UAE account for nearly 60% of supply transiting the strait.

    But oil is only part of the story. Malacca also handles 20% of global LNG trade, driven by Qatar’s rising exports, and 23% of dry bulk cargo, including Australian coal and Brazilian soybeans. Its centrality ties it to every major trade node in Asia-Pacific economies. Yet this massive throughput is funneled through a precarious bottleneck that has never been closed, blocked, or mined—but doesn’t need to be for its vulnerabilities to ripple across markets.

    Why Investors Are Repositioning

    The real risk isn’t closure but concentration. A disruption in the Strait of Hormuz, where 84% of oil flows are destined for Asia, often amplifies stress downstream in Malacca. This sequential risk is now prompting investors to diversify into energy assets that bypass such chokepoints, driving a revaluation of production hubs like U.S. shale, Canadian LNG, and Australian coal.

    For example, the United States, with its Gulf Coast LNG exports hitting a record 154 bcm/year in 2025, benefits from geographic insulation. Canada’s Pacific-facing LNG terminals and oil sands exports offer similar advantages, with over 75% of heavy crude headed to Asia bypassing Malacca entirely. Meanwhile, Australia’s direct access to Pacific markets for LNG and metallurgical coal further sidesteps chokepoint risk.

    Energy Transition Adds Complexity

    The rise of renewables and nuclear power further complicates the energy landscape. In 2025, global renewable capacity additions set a record 800 GW, with China alone accounting for 500 GW. Solar and wind, which generate power locally without reliance on trade corridors, are accelerating this shift. Similarly, nuclear energy is gaining traction, with China constructing 32 reactors and the U.S. extending the life of existing plants, reducing reliance on fuel imports tied to Malacca or Hormuz.

    Market Implications

    As of May 2026, Brent crude prices have fallen to $92.25 per barrel, a 4.6% drop amid easing U.S.–Iran tensions, underscoring how geopolitical developments can impact chokepoint-related risk premiums. However, the structural forces driving Malacca’s importance—China’s energy demand, Gulf supply dominance, and growing global trade—are unlikely to wane. Instead, they are spurring long-term investments in bypass infrastructure, renewables, and domestic resource development.

    The Takeaway

    The Strait of Malacca doesn’t need a crisis to matter. Its sheer scale in oil, LNG, and trade volumes ensures its systemic relevance. But this concentration of flows is already triggering a worldwide diversification effort, reshaping energy markets and creating opportunities in bypass routes, renewables, and localized energy production. For investors, the winners are becoming clear—and they’re not waiting for disruption to act.

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    Sui Network Goes Down for Second Day in a Row

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    Sui Network Goes Down for Second Day in a Row

    The Sui layer-1 blockchain experienced another disruption on Friday, causing a “network stall” that temporarily halted block production, before normal activity resumed, according to the Sui team.

    Network activity “may be paused,” the Sui team said. The network disruption lasted for over three hours and 30 minutes at the time of publication, according to the Sui network’s uptime dashboard.

    Sui’s mainnet validators experienced disruptions on both Thursday and Friday. Source: Sui

    The last block before the disruption was produced at about 11:51 UTC on Friday, according to the Suiscan block explorer. Network activity on the Sui mainnet resumed at about 3:30 UTC. The Sui team said in an update:

    “Both today’s and yesterday’s halts are due to the interaction of the 1.72 release, which introduced address balances and gas charging logic. Yesterday’s implemented fix was an interim measure designed to restore functionality to the network.”

    The interim fix had a “low probability” of causing a network disruption, and the long-term software fix has now been implemented by a majority of Sui validators. 

    Source: Sui

    The incident follows several major disruptions and network outages, including Thursday’s outage, which caused a nearly six-hour outage due to a “crash bug in the gas charging logic,” according to the team. The crash was the second major network disruption in 2026.

    Related: SUI spikes 50% amid staking moves, zero-fee stablecoins, privacy push

    The Sui network went down in January due to a consensus bug

    In January, the network went offline for over six hours, halting block production due to a consensus bug. Validators submitted conflicting transactions to the protocol’s checkpoint mechanism, and the network was unable to reach the necessary threshold for consensus, according to the post-mortem report.

    Source: Sui

    January’s disruption was not caused by network congestion, user funds were “never at risk,” and no “certified transactions” were rolled back, the Sui team said at the time.

    “The issue was detected and contained by Sui’s checkpoint certification and quarantine mechanisms, which prevented any user-visible fork at the cost of halting progress,” according to the post-mortem report.

    High-throughput smart contract blockchain networks feature several layers, including data availability, transaction execution and validator consensus, which introduce more potential points of failure.

    However, network outages in crypto also impact centralized service providers, including exchanges, which have fewer coordination challenges than decentralized blockchain networks.

    In May, crypto exchange Coinbase suffered a temporary service disruption due to an Amazon Web Services (AWS) outage, forcing it to switch markets to an “auction” mode before restoring full service.

    Magazine: AI-driven hacks could kill DeFi — unless projects act now

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    Bitcoin ETFs Post Record Nine-Day Outflow Streak

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    Bitcoin ETFs Post Record Nine-Day Outflow Streak

    US-listed spot Bitcoin exchange-traded funds (ETFs) posted their longest outflow streak since launch, extending withdrawals as institutional demand for Bitcoin exposure weakened.

    Spot Bitcoin ETFs recorded another $223 million in net outflows on Thursday, marking the record nine-day outflow streak since the funds launched in 2024, according to data from Farside Investors.

    The latest streak surpassed the previous record eight-session outflow run recorded in February 2025, though its roughly $2.84 billion in cumulative withdrawals remains below the $3.2 billion lost during the earlier selloff.

    US spot Bitcoin ETF outflows in May 2026 versus February 2025. Source: SoSoValue

    The outflows suggest institutional demand for Bitcoin exposure is weakening through the ETF channel, and come as major corporate holders such as Strategy face renewed pressure even as some new altcoin products like Hyperliquid (HYPE) ETFs continue attracting investor interest.

    BlackRock’s IBIT leads the outflows at $2 billion

    BlackRock’s iShares Bitcoin Trust (IBIT), the largest US spot Bitcoin ETF by assets, accounted for a massive share of losses during the nine-session outflow streak.

    The fund recorded roughly $2.04 billion in cumulative outflows between May 15 and Thursday. As Cointelegraph reported, a $527.8 million withdrawal on May 27 marked IBIT’s second-largest daily outflow on record, narrowly below the $528.3 million record posted on Jan. 30, 2025.

    BTC holdings for all US spot Bitcoin ETFs as of market close on Wednesday. Source: Wallet Pilot

    Despite the selling pressure, BlackRock’s Bitcoin ETF remains the dominant US spot Bitcoin fund by assets under management. IBIT held roughly 792,000 BTC as of market close on Wednesday, representing about 62% of all US spot Bitcoin ETF holdings, according to Wallet Pilot data.

    HYPE ETFs buck the broader slowdown

    While spot Bitcoin ETFs face sustained selling pressure, newly launched HYPE ETFs have continued attracting fresh capital from investors.

    The products recorded steady inflows between May 12 and Thursday, with cumulative net inflows rising above $100 million, according to SoSoValue.

    Daily flows in US-listed spot HYPE ETFs. Source: SoSoValue

    Other altcoin funds such as spot XRP ETFs also recorded steady gains over the period, totaling roughly $120 million in net additions between May 4 and Thursday.

    Related: Bitcoin’s major holders halt buys as demand slows: CryptoQuant

    The divergence underscores a shift in crypto fund flows, with investors pulling back from Bitcoin and Ether ETFs while newer products tied to tokens such as Hyperliquid’s HYPE continue to attract inflows.

    US spot Ether ETFs have also faced persistent selling pressure, logging 13 consecutive days of outflows between May 11 and Thursday, with cumulative losses of roughly $694 million.

    Magazine: Big Questions: Do we really only need 2–5 cryptocurrencies?

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    NYSE Parent ICE Seeks ‘Level Playing Field’ for 24/7 Onchain Perps

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    NYSE Parent ICE Seeks ‘Level Playing Field’ for 24/7 Onchain Perps

    Intercontinental Exchange, the parent company of the New York Stock Exchange (NYSE), is urging regulators to allow regulated exchanges to offer 24/7 onchain perpetual futures trading, according to ICE CEO Jeffrey Sprecher.

    Speaking at a Bernstein conference on Wednesday, Sprecher said that he was urging regulators to create a “level playing field” for launching 24/7 onchain perps contracts, arguing that regulators are “prohibiting us from doing this when it’s already happening.” 

    The CEO said that ICE had multiple exploratory discussions with decentralized exchange Hyperliquid about the synergies between the crypto and traditional finance (TradFi) industries, where ICE sought to “learn” more about onchain perps.

    The comments are the latest testament on how more TradFi companies are exploring ways to enable 24/7 trading for stocks and commodities via blockchain rails, following Hyperliquid’s success. 

    The remarks come a week after OKX said it will introduce perpetual futures based on ICE’s Brent crude and West Texas Intermediate (WTI) crude benchmarks, two of the world’s most widely used oil price indicators, Cointelegraph reported on May 22.

    The trading products are the first initiative announced under a broader partnership between  ICE and OKX, after ICE invested in the cryptocurrency exchange at a $25 billion valuation in March.

    Earlier in March, the NYSE also partnered with tokenization platform Securitize as part of a broader effort to develop blockchain-based stock trading infrastructure with 24/7 trading and settlement for Wall Street.

    Cointelegraph has approached ICE for comment on whether the exchange operator was planning to launch an onchain perps trading platform via Hyperliquid.

    Related: UK proposes near-24/7 settlement to prepare markets for tokenization

    Hyperliquid is “bigger than Nasdaq,” says ICE CEO

    Sprecher praised Hyperliquid’s rapid growth as a trading platform, which facilitated the creation of multiple new billionaires, said the CEO, adding:

    “If you haven’t heard about it, it’s bigger than Nasdaq, okay? It’s 11 people.”

    Hyperliquid remains far smaller than Nasdaq by conventional trading volume measures, but Sprecher’s comment underscored the pressure that always-on crypto derivatives venues are putting on regulated exchanges.

    Hyperliquid is ranked as the 7th largest decentralized exchange on CoinGecko, with a 3.7% market share and $195 million in daily trading volume.

    It ranks as the fourth-largest fee-generating protocol in the crypto industry, generating $15.6 million in weekly fees in the past seven days, DefiLlama data shows.

    Top decentralized exchanges by trading volume and market share. Source: CoinGecko

    Hyperliquid has been expanding its functionalities and recently launched canonical prediction markets for offchain events, Cointelegraph reported on Tuesday.

    The platform’s growing functionalities are positioning Hyperliquid as the crypto industry’s next “super-app,” making the Hyperliquid (HYPE) token “one of the most mispriced assets in crypto today,” as investors are still evaluating it as just a perp DEX, said Matt Hougan, chief investment officer at crypto asset manager Bitwise. 

    Magazine: Would Bitcoin really be at $200K if not for Jane Street? Trade Secrets

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    AAVE Price Prediction: $76 Breakdown Imminent Before August Rally to $90

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    AAVE Price Prediction: Retest Imminent Before Potential Breakout


    Tony Kim
    May 29, 2026 08:45

    AAVE’s collapse below all moving averages points to an inevitable test of $76 support within two weeks. Oversold momentum and whale positioning suggest a violent bounce toward $90 by late summer.

    The Technical Breakdown

    AAVE sits at $81.50, bleeding slowly as it trades beneath every meaningful moving average. The 7-day average at $84.29 acts as immediate resistance, while the 200-day at $131.44 shows just how far this token has fallen. With RSI at 32 and declining, the selling pressure hasn’t reached exhaustion yet. The MACD histogram flatlined at zero while the signal line sits deep negative at -3.43, confirming that momentum has completely stalled. This methodical grind lower resembles distribution rather than panic selling.

    Critical Support Zones

    The Bollinger Bands reveal AAVE hugging the lower band at $77.74 with a %B reading of 0.16, indicating extreme oversold conditions. Support at $79.05 already cracked, exposing the next major floor at $76.59. Any recovery attempt must first reclaim the $83-84 zone before tackling the wall of moving averages stacked between $84-90. The derivatives data from Blockchain.news shows open interest spiked 5.13% to nearly $49 million, suggesting institutional positioning ahead of a major move.

    Market Sentiment Divergence

    The funding rate sits at -0.0021%, meaning shorts are paying longs and creating headwinds for further downside. Top traders maintain a 62.5% long bias compared to retail’s 55.1%, indicating smart money accumulation while retail sentiment remains cautious. However, the taker buy/sell ratio at 0.86 shows aggressive selling pressure still dominates order flow in the near term. This divergence between institutional positioning and short-term price action often precedes sharp reversals.

    Strategic Trading Approach

    The setup favors a contrarian play with specific risk parameters. Target the $76-77 zone for initial entries with stops below $74 to limit downside. The first resistance cluster at $84-85 offers a quick 10-12% profit opportunity, while the primary target sits at $90 where multiple technical levels converge. If $76 support fails, expect a cascade toward $65-70 before finding institutional buyers. The base case scenario involves testing $76 within 10-14 days, followed by a sharp bounce toward $90 by August as Blockchain.news technical patterns suggest oversold conditions reach extreme levels. Risk management remains paramount as DeFi tokens can experience violent moves in both directions.

    Blockchain.news Crypto Market

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    Paxos Wins SEC Clearing Agency Registration

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    Paxos Wins SEC Clearing Agency Registration

    Blockchain infrastructure platform and stablecoin issuer Paxos said it has become the first “blockchain-native” firm that the US Securities and Exchange Commission has granted registration as a clearing agency.

    Paxos said on Thursday that its subsidiary, Paxos Securities Settlement Company, has become “the only blockchain-native firm” that the SEC approved to provide clearing and settlement services as a central securities depository in the US.

    The approval represents a “critical piece of financial market infrastructure” as blockchain technology and traditional capital markets continue to converge, the company added. 

    Clearing agencies ensure securities trades are executed cleanly. Stock buyers and sellers do not trade directly and need clearing and settlement providers that verify the trade, match the buyer and seller, and then ensure the actual exchange of money and securities happens correctly.

    A registered, SEC-approved blockchain clearinghouse removes barriers for banks and brokerages to build crypto-based infrastructure.

    In October 2019, the SEC issued a no-action letter allowing Paxos to pilot a blockchain-based settlement service for US equities, and the service launched in February 2020.

    Paxos said the pilot demonstrated that blockchain-based post-trade infrastructure could deliver same-day settlement, reduce costs and improve operational efficiency within a fully regulated framework.

    “Our clearing agency registration is the result of seven years of work with the SEC, beginning with our No-Action Letter in 2019 and the settlement pilot we operated with some of the world’s largest and most sophisticated financial institutions,” said Paxos co-founder and CEO Charles Cascarilla.

    Related: Paxos Labs to use $12M raise toward yield, lending, issuance tools

    Paxos is the issuer of several stablecoins and digital assets, including PayPal USD (PYUSD), Global Dollar (USDG) and Pax Gold (PAXG).

    The company has had a rocky history with the SEC under its former chair, Gary Gensler, having received a Wells Notice in 2023, with the agency planning to recommend an enforcement action over the issuance of Binance USD (BUSD), a stablecoin tied to the crypto exchange Binance, which the SEC considered an unregistered security.

    Around the same time, the New York Department of Financial Services (NYDFS) ordered Paxos to stop minting new BUSD. 

    The SEC closed its investigation in 2024 and issued a formal termination notice, stating it would not pursue enforcement action. Paxos also reached a $48.5 million settlement with NYDFS in August 2025 over Binance and BUSD compliance issues.

    Magazine: Big Questions: Do we really only need 2–5 cryptocurrencies?

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    Bitcoin Futures Gaps to Become History as CME Begins 24/7 Trading

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    Bitcoin Futures Gaps to Become History as CME Begins 24/7 Trading

    Bitcoin (BTC) has created its last classic price magnet as a staple chart feature disappears forever.

    Key points:

    • Bitcoin is set to lose popular short-term price targets as CME Group’s futures market goes 24-hour.
    • CME futures gaps will no longer be created over weekends.
    • Several open gaps still remain on the chart, with the lowest near $67,000.

    Bitcoin futures gaps to disappear permanently

    Starting on Friday, CME Group’s Bitcoin futures market will trade 24 hours a day, seven days a week, ending the phenomenon of futures “gaps.”

    Futures trading on a 24-hour basis was announced in February. 

    “Client demand for risk management in the digital asset market is at an all-time high, driving a record $3 trillion in notional volume across our Cryptocurrency futures and options in 2025,” Tim McCourt, CME’s global head of equities, FX and alternative products, said in a press release at the time.

    CME Bitcoin futures one-hour chart. Source: Cointelegraph/TradingView

    The result of the change is that weekends will not generate discrepancies between the end of one futures trading week and the start of another.

    These have often resulted in a “gap” opening up in the market, with BTC/USD subsequently attempting to “fill” it by rising or falling once the new week begins. How long the process takes can vary, with some gaps staying unfilled for months or more.

    Commenting, trader Daan Crypto Trades flagged three nearby gaps remaining, both above and below price.

    “Closed last weekend’s CME gap and is now trading in the big area between the other few remaining gaps,” he told X followers in a post on Thursday. 

    “This weekend, 24/7 trading starts for the Bitcoin CME futures so there won’t be any new gaps created anymore going forward. The ones left standing will of course still sit there on the chart.”

    CME Bitcoin futures four-hour chart. Source: Daan Crypto Trades/X

    The lowest gap still in play lies at just above $67,000 — a level last seen in early April.

    Whales give mixed outlook for BTC price action

    Elsewhere in trading circles, commentators are eyeing shifting trends on major exchange Bitfinex.

    Related: Bitcoin analysis eyes sharp rebound after BTC collapses below M2 supply ‘fair value’

    In particular, the platform’s large-volume traders, or whales, could be pointing the way to renewed BTC price strength.

    “Bitfinex whales’ short positions in $BTC are shrinking further. Their short-term bearish bets are decreasing,” trader CW reported on X. 

    CW added that a “new uptrend could be beginning” based on whales’ stagnating long exposure, but subsequently showed that they were still adding positions.

    Bitfinex BTC/USD long positions. Source: CW/X

    Earlier, Bitfinex research flagged missing ingredients to support a full bullish trend reversal for Bitcoin.

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    BIS Project Agorá Shows Tokenized Payments Cut Settlement Risk

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    BIS Project Agorá Shows Tokenized Payments Cut Settlement Risk

    The Bank for International Settlements (BIS) released a report Wednesday on Project Agorá, an experimental prototype for cross-border wholesale payment.

    The BIS said the report shows how seven central banks and more than 40 regulated financial institutions can settle cross-border wholesale payments in seconds once liquidity is locked, while reducing credit and settlement risk through atomic settlement using tokenized central bank reserves and commercial bank deposits.

    The initiative marks one of the broadest collaborations yet between central banks and private lenders, exploring how tokenization could modernize global payments infrastructure.

    The project, convened jointly by the BIS and the Institute of International Finance, targets the slow and costly nature of international transactions that continue to burden global trade and financial activity. Cross-border payments totaled $195 trillion in 2024 and are projected to reach $320 trillion by 2032, according to FXC Intelligence, cited in the report.

    Project Agorá uses a two-layer blockchain architecture, combining tokenized central bank reserves on jurisdictional ledgers with tokenized commercial bank deposits on a shared unifying ledger, enabling so-called atomic settlement in which all balance updates occur simultaneously or not at all.

    The BIS said the approach preserves the “two-tier banking system” and safeguards the “singleness of money,” which it called “fundamental to financial stability,” distinguishing the project from stablecoin alternatives.

    The platform also allows institutions to conduct anti-money laundering, sanctions and fraud screening in parallel rather than sequentially, which the BIS said could reduce the high false-positive rates that plague today’s cross-border payment system.

    Related: BIS warns dollar stablecoins could strain banks and policy

    Project Agorá moves to real-value testing

    The project is advancing to real-value testing with actual transactions involving certain currencies and participants, though the BIS didn’t provide a timeline for implementation.

    The report identified areas requiring further development, including liquidity saving mechanisms, cybersecurity posture and governance frameworks covering settlement finality, data governance and risk management.

    Settlement occurs in seconds once funds are locked, and the platform is designed to operate around the clock, mitigating delays caused by misaligned operating hours across jurisdictions.

    Wholesale cross-border payments today vs Project Agorá. Source: BIS

    “The prototype also enhances transparency. All parties to a transaction have access to real-time payment status, while maintaining privacy from non-participating entities,” the BIS stated in the report, adding that, in the future, such visibility could be extended to end users, including debtors and creditors.

    Participating central banks include the Banque de France representing the Eurosystem, the Bank of Japan, the Bank of Korea, the Bank of Mexico, the Swiss National Bank, the Federal Reserve Bank of New York via its New York Innovation Center and the Bank of England.

    Earlier this month, the Bank of England proposed extending settlement hours for its RTGS and CHAPS systems as part of a broader push toward near-24/7 settlement.

    Deputy Governor Sarah Breeden also said shared ledgers and tokenization could make payments and settlement faster and cheaper, with fewer intermediaries and shorter settlement windows.

    Cointelegraph reached out to the BIS media team for comment on implementation timelines and governance plans, but had not received a response by publication.

    Magazine: Guide to the top and emerging global crypto hubs — Mid-2026

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    AAVE Price Prediction: $95 Reclaim or $75 Breakdown Within 48 Hours

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    AAVE Price Prediction: Retest Imminent Before Potential Breakout


    Darius Baruo
    May 28, 2026 08:50

    With AAVE oversold at $80.92 and whales positioning 63% long despite negative funding, we’re seeing classic capitulation setup. 70% probability of bounce to $85-89 resistance zone, but failure here…

    Market Context: Why AAVE is Moving Now

    AAVE’s 5.4% daily bloodletting to $80.92 isn’t random noise—it’s institutional position adjustment ahead of what looks like a critical inflection point. The DeFi lending giant is trading dangerously close to its lower Bollinger Band at $78.84, a zone that historically either triggers violent bounces or capitulation cascades.

    What makes this selloff particularly interesting is the divergence between retail panic and professional positioning. While Blockchain.news data shows negative funding rates (-0.0118%) indicating short-term bearish sentiment, the underlying fundamentals of decentralized lending remain robust. The question isn’t whether AAVE recovers—it’s whether this happens from current levels or after another leg down.

    Indicator Alignment

    The technicals are painting a textbook oversold picture that seasoned traders recognize immediately. RSI at 30.12 has AAVE sitting right at the neutral-to-oversold threshold, while the MACD histogram flatlining at zero suggests momentum is coiling for the next major move.

    Here’s what the charts are really saying: AAVE is testing critical support with all moving averages acting as resistance overhead. The SMA-7 at $84.97 and EMA-12 at $86.55 form the immediate battleground, while the SMA-20 at $90.53 represents the line in the sand for any meaningful recovery. The Bollinger Band position at 0.09 screams oversold, but remember—markets can stay irrational longer than most traders can stay solvent.

    Whales & Analyst Targets

    Smart money positioning tells a completely different story than the price action suggests. Top traders are running 63.4% long positions versus 36.6% short, while retail remains stubbornly bullish at 56% long. This divergence typically resolves with institutional money being right and retail getting squeezed.

    CoinCodex’s January 5th prediction of an 18.15% rise over five days looks increasingly optimistic given current positioning, but the negative funding rate creates an interesting dynamic. When shorts pay longs in a declining market, it often signals an impending reversal as the cost of maintaining bearish positions becomes prohibitive. According to Blockchain.news analysis, this funding structure rarely persists beyond 48-72 hours without triggering significant price movement.

    Strategic Positioning

    The bull case is straightforward: AAVE bounces hard off $80-78 support, reclaims the $85-89 resistance cluster, and targets the $95-100 zone where real selling pressure awaits. This scenario requires aggressive buying volume above 20M and RSI breaking above 40 within the next 24 hours.

    The bear case is equally compelling: failure to hold $80 psychological support opens the trapdoor to $75 strong support, with potential for further decline toward $70 if selling accelerates. The key trigger here is a break below the lower Bollinger Band with volume above current 24h average.

    Risk-reward heavily favors the bulls at current levels, but position sizing must account for the possibility of another 10-15% decline. Blockchain.news technical analysis suggests watching the $82.67 pivot point closely—sustained trading above this level within 12 hours significantly increases bounce probability to 70%.

    Blockchain.news Crypto Market

    Image source: Shutterstock



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