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$LIT Again delayed $LIT 🙄😅🤔 OK we are waiting 🙃👀⏳ I am currently also watching $Q $RAVE $PLAY #USCryptoStakingTaxReview
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$ETH Ethereum drops below $2900, 24-hour decline expands to 5.4% Mars Finance news, on December 23, according to market information, Ethereum has dropped below $2900, with a 24-hour decline expanding to 5.4%.#USCryptoStakingTaxReview
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$AAVE this governance change could enhance trust and lift AAVE past US$164, even targeting a stronger recovery to US$180. The risk of decline remains if investor support does not occur. Continued doubts could amplify selling pressure. In that scenario, AAVE might drop below support at US$157. A deeper decline to the range of US$150 would nullify the bullish projection and strengthen short-term bearish sentiment.#BinanceHODLerMorpho
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$Aave (AAVE)#Binanceholdermmt Aave is the only major token this week that has actually corrected, down 14.84% and trading around US$160. This decline is in contrast to the general market rally. Despite weakening recently, AAVE could attempt to recover as investors reassess fundamentals and governance developments going forward. Potential triggers come from the announcement of Phase 1 voting by Aave regarding the alignment of AAVE tokens. This proposal aims to place control of Aave's brand assets under a DAO structure with anti-capture protection. If supported, this governance change could enhance trust and lift AAVE past US$164, even targeting a stronger recovery to US$180. The risk of decline remains if investor support does not occur. Continued doubts could amplify selling pressure. In that scenario, AAVE might drop below support at US$157. A deeper decline to the range of US$150 would nullify the bullish projection and strengthen short-term bearish sentiment.
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This proposal also includes the burning of 100 million UNI tokens, tightening the supply and strengthening the price dynamics. Anticipation of this has already driven UNI up by 26.5%. Currently, the token is trading around US$6.27, with potential to breakout above US$6.57. If the momentum is maintained, UNI could continue its rally towards US$7.00 or even higher. Want insights on tokens like this again? Subscribe to the Daily Crypto Newsletter by Editor Harsh Notariya here. The risk remains if profit-taking increases before the proposal is implemented. Selling too early could limit the rise. In such a situation, UNI may struggle to break above US$6.57 and instead move sideways above support at US$6.02. Such price action could delay the continuation of the bullish trend, Aave is the only major token this week that has actually corrected, down 14.84% and trading around US$160. This decline is in contrast to the general market rally. Despite weakening recently, #USCryptoStakingTaxReview
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