Aave Clears SEC Probe but Price Keeps Sliding – Here Is Why Bears Still Control AAVE

Despite Aave successfully resolving the investigation conducted by the Securities and Exchange Commission (SEC), which had raised concerns about compliance and regulatory issues within the decentralized finance space, the price of AAVE has continued to decline. This persistent downward trend can be attributed to several factors, including bearish market sentiment, ongoing overall volatility in the cryptocurrency market, selling pressure from investors who may be nervous about future regulatory developments, and a lack of positive catalysts to stimulate buying interest. As a result, the bearish sentiment continues to dominate, keeping bears firmly in control of AAVE's price trajectory. source: https://blocknews.com/aave-clears-sec-probe-but-price-keeps-sliding-here-is-why-bears-still-control-aave/