The “imitation season” signals are becoming more and more obvious.
The platform that Schwab oversees, which manages $1.3 trillion in assets, has announced the launch of AVAX. Along with SOL and LINK, it has been included in the program. Endorsements at this level of institution have basically been rare in the past two years. Meanwhile, the latest data shows that the trading volume share of altcoins has reached 65%, the highest in nearly two years. BTC and ETH combined account for less than 35%, and the signs of capital rotation are already quite clear.
AVAX itself is in a good state. The funding rate is only 0.006%, with almost no leveraged long positioning buildup. Contract open interest stands at 8.25 million AVAX. Price action is driven mainly by spot buying pressure—not a leveraged pump. BTC ETF inflows have been positive for 8 consecutive days, and there is underlying sentiment support in the market.
Currently, AVAX is quoted at $7.52. The 24h increase is about 1.68%. The recent high at $7.59 is short-term resistance. If BTC can hold around the $79K area, the upside room for altcoins will expand further.
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$AVAX
The platform that Schwab oversees, which manages $1.3 trillion in assets, has announced the launch of AVAX. Along with SOL and LINK, it has been included in the program. Endorsements at this level of institution have basically been rare in the past two years. Meanwhile, the latest data shows that the trading volume share of altcoins has reached 65%, the highest in nearly two years. BTC and ETH combined account for less than 35%, and the signs of capital rotation are already quite clear.
AVAX itself is in a good state. The funding rate is only 0.006%, with almost no leveraged long positioning buildup. Contract open interest stands at 8.25 million AVAX. Price action is driven mainly by spot buying pressure—not a leveraged pump. BTC ETF inflows have been positive for 8 consecutive days, and there is underlying sentiment support in the market.
Currently, AVAX is quoted at $7.52. The 24h increase is about 1.68%. The recent high at $7.59 is short-term resistance. If BTC can hold around the $79K area, the upside room for altcoins will expand further.
Click the card below to quickly check the行情
$AVAX
