Aave has been in a downtrend since 20 April, when the previously bullish higher timeframe market structure was violently broken after losses of 15% within a week.
![Aave [AAVE] in a downtrend as another level of support is lost to the bears](https://images.cryptocompare.com/news/default/ambcrypto.png "Aave [AAVE] in a downtrend as another level of support is lost to the bears")
