💥LONG
$AVAX entered $215 billion into altcoins in 3 days💥
CryptoQuant reports that the altcoin market absorbed about $215 billion in fresh capital in just 72 hours — altcoin market cap rose 24% and has once again surpassed $1 trillion. The trigger: Trump’s announcement about the government’s Bitcoin purchases and his call for Congress to pass the Clarity Act.
$AVAX is in the $7.61-7.69 zone, RSI at 58 (healthy, with room), MACD positive, and accumulated volume is rising. It didn’t fly like $SOL (+8%)—it’s up +2.5% and still has room to run.
The setup: enter the market at $7.61-7.69.
Stop loss: $7.49.
Take profit 1: $7.75 (achievable within hours).
Take profit 2: $7.90 if capital inflows into altcoins continue.
🔺 Holds above $7.64 → path to $7.75 and then $7.90
🔻 Breaks $7.49 → exit with the stop
⚠️ Watch out for this: Michaël van de Poppe warns that if $BTC breaks below its recent lows ($76,400 or even $74,000), altcoins can drop 10-20% quickly due to their higher volatility. Respect the stop—don’t move it.
Do you think this is the start of altseason or just a temporary bounce? 👇
#AVAX #Avalanche #Altcoins #Trading