Current price $10.41, up 2.96% in the past 24h. Trading volume: 4.8 million AVAX. Funding rate +0.0079%—the longs are quietly paying for positions. On the surface, it looks like a mild rebound, but the tokenomics is the real hidden thread. Avalanche’s unlock schedule and changes in staking rates often provide signals earlier than the price itself: when the circulating supply is gradually released while staked/locked positions rise at the same time, sell pressure may be underestimated by the market. 📊

The four 1-hour candlesticks show “rising without falling back”: pulled from $10.21 up to $10.44, only a slight pullback to $10.41. After testing the $10.75 high, it didn’t break down, suggesting there’s support and absorption around $10. But the real risk isn’t today—it’s in the supply curve over the coming weeks. Tokenomics determines the medium-term ceiling; the funding rate only affects short-term sentiment. ⚖️

Do you think this AVAX move is a true breakout after supply absorption, or the last bull trap before the unlock? Longs pay 1, shorts pay 2 👇

#Avalanche #代币经济 #cryptocurrency