AAVE Price Plummets Below $84 Amid Broader DeFi Market Sell-off

AAVE witnessed a significant price correction on April 6, 2026, marking one of its sharpest single-session declines in recent months. The token's value briefly plunged below the critical $84 support level as selling pressure intensified across the decentralized finance (DeFi) sector. This downward movement reflects a broader trend of risk aversion affecting major altcoins within the DeFi ecosystem. Despite the sharp drop, AAVE managed a partial recovery as some investors engaged in dip-buying at lower levels. However, the breach of key support levels has raised concerns regarding the token's ability to reclaim the $100 psychological threshold in the near term. Analysts remain cautious as the bearish momentum continues to test investor confidence in the current market environment.