$AVAX Is Down 28% in Four Weeks and Lagging Both BTC and ETH
What happened?
AVAX lost 28% over four weeks versus -11.3% for BTC and -16% for ETH, per The Defiant. It trades at $8.06, down 7% on the week.
Why does it matter?
Earlier outperformance has fully reversed, and the token is still 94% below its all-time high. I see relative weakness, not a catalyst.
What's next?
Expect AVAX to test $7.77 support while it stays below $8.27. Not financial advice, DYOR.
$AVAX
What happened?
AVAX lost 28% over four weeks versus -11.3% for BTC and -16% for ETH, per The Defiant. It trades at $8.06, down 7% on the week.
Why does it matter?
Earlier outperformance has fully reversed, and the token is still 94% below its all-time high. I see relative weakness, not a catalyst.
What's next?
Expect AVAX to test $7.77 support while it stays below $8.27. Not financial advice, DYOR.
$AVAX
