- Whale Netflows jumped + 191.9% while Avax consolidated in the resistance of $ 25
- The retail portfolio concentration increased by + 12.93%, while $ 1,000 to $ 10,000 transactions jumped + 282.63%
Avalanche (Avx)At the time of writing seemed to be Consolidation below the critical resistance at $ 25 after recovering the neckline of $ 22.58.
This area has historically acted as an inversion point, the action of the press price revealing compression in an increased corner – a structure often preceding volatility.
A break could push the price to $ 30, while another rejection can bring it back to $ 22.50. Especially since the crypto seemed to be evaluated at $ 23.35, following a drop of 0.58% on daily cards.
Consequently, this resistance zone is the key decision point which will probably determine the next Avox movement in the short term.
Source: tradingView
Whale entries increase as large carriers accumulate near the key resistance
Whale behavior has changed this week, Netflows increasing by + 191.9% in the last 7 days. This accumulation has coincided with Avox pressing against a major resistance zone – a sign of a greater interest in whales.
Although it is not clear if it could be a speculative positioning or a long -term conviction, it supports the bullish momentum.
If the entries continue, they could provide the force necessary for an escape. However, if the accumulation slows down or reverses, the bulls can lose momentum.
Source: intotheblock
Retail buyers dominate as intermediate level transactions increase
The retail activity continued to carry out too. Transactions between $ 1,000 to $ 10,000 jumped + 282.63%, while $ 100 to $ 1,000 increased by + 167.79%.
Supports of value greater than $ 10,000 remained mainly flat or negative, confirming the absence of a strong institutional involvement.
Portfolio concentration data supported this – retail assets increased by + 12.93% in the last 30 days, while whales increased by + 4.38%. In other words, the momentum of the rally was largely focused on retail.
Although such an influx fueling short -term movements, it may lack depth to maintain higher price levels unless the largest players join.
Source: intotheblock
Speculation intensifies as a volume of derivatives, a long increase in the bias
The activity of AVAX derivatives has also warmed up. The volume increased by + 21.64% to 962.72 million dollars, and open interest increased by + 2.66% to $ 576.53 million – showing an increase in the anticipation of traders.
Meanwhile, Binance data revealed that 75.08% of traders were long, creating a long / short ratio of 3.01. Such an aggressive bias gives fuel to the bullish feeling, but also increases risks.
If Avax does not break $ 25, long-speaking long positions could relax quickly. Consequently, although the data reflect optimism, traders must remain cautious – high expectations without confirmation often lead to volatility tips and liquidation -oriented declines.
Source: Coringlass
Does the RWA $ 240 billion agreement in avalanche translate into real growth in the network?
Avalanche officially has announcement A real estate tokenization initiative of 240 billion dollars, in collaboration with the county of Bergen and other municipalities of the NJ.
This marks Blockchain’s largest action initiative in the history of the United States, with the aim of scanning more than 370,000 real estate files.
Although this announcement has stimulated the feeling of the ecosystem, the adoption on the channel was gentle. New addresses fell by -24.77% and active addresses fell by -18.58% in last week.
Consequently, although the agreement can be an important step for the RWA of Avalanche, the lack of user growth means that the feeling has not yet been translated as a real network activity.
Source: intotheblock
Is Avax ready to burst or does this approach exhaustion?
Avax has informed promising signals of whale entries, the growth of retail and the increase in the interests of derivatives. However, resistance at $ 25 remains a decisive barrier.
Without confirmation of the volume, user activity and institutional support, the increase remains uncertain. If the escape fails, long -term over -exposed positions can trigger net withdrawals.
Therefore, the price reaction at this level will determine if Avox will again recover the momentum or the stands.
