According to external analysis, the Avalanche original token AVAX has recently been under pressure after several key price positions have been blocked, and prices have fallen back to near local lows. According to the article, while the Avalanche ecology is still advancing, the purchase and liquidity at the currency level has not kept pace, resulting in the current round ' s performance lagging behind SOL, TRX and BNB.

Falling nine dollars and down six dollars.

According to the article, AVAX had been pressured and failed to hold back after organizing between 8.5 and 10 United States dollars. Earlier, the 12 to 12.5 dollar belt had also created significant resistance. With the loss of support in the vicinity of $9, prices slipped quickly to the $6 area, indicating that market confidence remained weak.

In terms of the dynamic structure, AVAX has continued to show lower and lower points since this year. According to this article, AVAX is still relatively vulnerable in the mainstream capital, and has clearly not responded to other large coins.

6.8 to 7 The rebound of the dollar is still not convincing

According to the article, while AVAX is currently trying to stabilize at a low level, it returns to a rebound between 6.8 and $7 that is more like a short-line repair than a starting point for a new round. This is due to the fact that indicators of financial flows continue to show that funds are flowing and that the buyout has not yet produced a sustained relay.

For many, re-entry into this vicinity is the most direct observation point in the short term. If this position cannot be recovered, pressure below $6 may continue to increase.

  • Early resistance zone: $12 to $12.5
  • Lost support area: Near US$ 9
  • Current observation area: 6.8 to $7

Relative strength and weakness still lag behind SOL, TRX and BNB

According to the article, the reason for AVAX ' s backwardness is not only a one-time echo, but also its failure to re-establish critical resistance like SOL, TRX and BNB and attract new liquidity. By contrast, these tokens perform better in terms of narratives, inflow of funds and user activity.

In this context, the AVAX short-line is still in defensive condition and most of the bounces are still dominated by the sale. According to the article, if the nearby supply area could not be recovered and the kinetic energy restored, the price would still be at risk of further downswing, with the next demand area likely to be between US$ 3.5 and US$ 4.