$AVAX Here’s what the spot funds said: in the past three hours, about a dozen time slots were fully bought; large orders were net buying continuously for five straight segments, and in the final fifteen minutes, the mid-to-large orders were also synced up to add positions—this isn’t the main force clicking once and then retreating; they’re batching it and effectively welding the chips into their hands. With this whole-cycle, layer-upon-layer accumulation inflow structure, the so-called pullback line that the shorts are waiting for can’t even be drawn—I only look at longs. For a top-tier public chain with a market cap just over 3 billion, not even a whole digit away from the historical all-time-high in terms of “price left”—the valuation is cheap to this extent. A heavy long position doesn’t need a second reason.