24h dried out 11.34 million U, $AVAX directly pulled from 8.677 to 10.825—amplitude of 11 points. This isn’t a line that retail investors can draw. I watched the order book all morning: after a volume breakout, there was no rush to retrace, which suggests there’s capital stepping in above 9.6. But note—the 10.8 upper wick isn’t for show; short-term profit-takers are running. Over the past couple of days, several big whale addresses on-chain have shown unusual activity—either adding positions or rotating. The exact direction still needs to be confirmed by the next two 4-hour candles. Community sentiment is pretty hot, though—several big V accounts are discussing the subnet narrative of $AVAX , saying that an institutional-grade L1 is about to come back. I went through the run in 2021; I know once this kind of narrative takes off, sentiment can push the price for a stretch—just don’t treat the story like dinner.

$AVAX #行情分析 #chain data