$AVAX was the strongest major on 11 Nov, knocking on the $9.05 wall — I called that the test. It never broke. AVAX just fell hardest of the top 25: -13.7% Saturday to a $7.10 close, then $6.74 today.
Same week, though, an NYSE-affiliated platform picked Avalanche as its ledger. Best headline, worst price. That's capitulation, not a verdict on the chain.
Fear sits at 10 (alternative.me) while $BTC holds above its $62,006 low, and DeFi money left too — TVL -8.1% in a day to $541.8M (DefiLlama).
But someone bought the panic: +7.2% off $6.74, back to $7.23 now (Finnhub, 11:52 UTC).
I'm leaning $6.74 was the flush. A daily close above $7.10 starts repair toward $8.00. A close under $6.74, and there's no verified floor below.
Did you catch the bounce, or are you waiting for $8.00 back?
Not financial advice. DYOR.
#AVAX #CryptoPsychology #CryptoCrash
Same week, though, an NYSE-affiliated platform picked Avalanche as its ledger. Best headline, worst price. That's capitulation, not a verdict on the chain.
Fear sits at 10 (alternative.me) while $BTC holds above its $62,006 low, and DeFi money left too — TVL -8.1% in a day to $541.8M (DefiLlama).
But someone bought the panic: +7.2% off $6.74, back to $7.23 now (Finnhub, 11:52 UTC).
I'm leaning $6.74 was the flush. A daily close above $7.10 starts repair toward $8.00. A close under $6.74, and there's no verified floor below.
Did you catch the bounce, or are you waiting for $8.00 back?
Not financial advice. DYOR.
#AVAX #CryptoPsychology #CryptoCrash
