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Crypto 350

01/18 02:54

Recent Downward Pressure on AVAX AVAX has shown we

#HTX Community New Year Creation Marathon #Join Nov. Creation to share of 1,000 USDT #Claim1,200 USDT in the Monthly Creation Challenge Recent Downward Pressure on AVAX AVAX has shown weak price action recently, with several bearish signals: Extended losses — AVAX has faced repeated declines and has underperformed broader crypto indices during sell-offs, breaking below key support levels in technical charts. CoinDesk Market sell-offs & macro stress — global economic tensions and broader crypto volatility have pushed AVAX lower. CoinDesk Weak institutional confidence & exits — data shows fewer large (whale) transactions and selling by larger holders, which often suggests reduced buying pressure. 24crypto.news Failed resistance retests — price struggles to break back above short-term resistance, confirming bearish momentum for now. CoinDesk What This Means (Short-Term) 🔹 Bearish sentiment currently dominates — price action looks weak and continuation lower is possible. 🔹 Technical patterns showing breakouts to the downside (e.g., double tops) suggest sellers remain in control. CoinDesk
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