#加密生态动态追踪 Avalanche repeatedly oscillates around the $13 key level, and the risk signals have not fully dissipated.
In recent weeks, AVAX has continued to come under pressure, with trading volume surging by 41%. Futures and open interest contracts have also increased, but honestly, this is more driven by speculative sentiment. Spot demand is not as strong as it seems. From a technical perspective, the long-term downtrend line is still pressing overhead, and the previous ascending wedge has already broken downward. Currently, the $13 level acts like a crossroads—more like a downward signal. The RSI indicator is stuck at 42, showing clear lack of buying momentum.
On the fundamental side, things look better: the Avalanche ecosystem activity has been rising, TVL and stablecoin market size are also growing, and it has even been included in the Bitwise 10 ETF. The problem is that the entire crypto market is weak, and individual performance alone is hard to resist.
If the $13 level cannot hold, the next support levels are $11.5 and $10. To truly loosen the bearish pressure, trading volume needs to push above the $15-16 region.
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#加密生态动态追踪 Avalanche repeatedly oscillates around the $13 key level, and the risk signals have not fully dissipated.
In recent weeks, AVAX has continued to come under pressure, with trading volume surging by 41%. Futures and open interest contracts have also increased, but honestly, this is more driven by speculative sentiment. Spot demand is not as strong as it seems. From a technical perspective, the long-term downtrend line is still pressing overhead, and the previous ascending wedge has already broken downward. Currently, the $13 level acts like a crossroads—more like a downward signal. The RSI indicator is stuck at 42, showing clear lack of buying momentum.
On the fundamental side, things look better: the Avalanche ecosystem activity has been rising, TVL and stablecoin market size are also growing, and it has even been included in the Bitwise 10 ETF. The problem is that the entire crypto market is weak, and individual performance alone is hard to resist.
If the $13 level cannot hold, the next support levels are $11.5 and $10. To truly loosen the bearish pressure, trading volume needs to push above the $15-16 region.