【From $27 to $10—has AVAX finally hit bottom?】
Let’s look at the numbers—
Today: $ 10.93. A week ago, it was $ 11.04. A month ago, it was $ 13.8. And before that? Well, its ATH was $ 146. A 92% drop—sound familiar? ETH fell that much in 2018, and various major coins did the same in 2022.
AVAX is consolidating, up 5.7% over 24 hours and down a slight 0.7% over 7 days. FGI is 69, indicating greed in the market. AVAX is moving in line with the broader market—not outperforming, but not lagging either.
Back to the point.
Is a 92% drop an oversold situation? Yes. But oversold doesn’t mean it’s time to buy the dip.
When I got burned in 2017, I also saw coins down 90% and thought they were cheap, so I jumped in. And then? There was a basement beneath the floor.
AVAX faces a fundamental question right now: Can it tell a compelling story in the next bull market? Is its ecosystem still alive? Will users come back? I don’t have the answers—you need to know where you stand on those questions.
Can you buy the dip? Sure. But there are a few conditions—
First, buy in batches; don’t go all in. A 92% drop doesn’t mean it can’t fall to 95%. Anything can happen in a bear market.
Second, you need to be able to hold on. Can you leave that money untouched until the next bull market? That’s key.
Third, does the coin itself still have a future? A coin with no story may genuinely be cheap, but it might not be the one that rises in the next cycle.
Honestly, seeing AVAX at $ 10 makes my fingers itch. But I still remember the lesson from 2021: when you’re making money, you think you’re a genius. Only when you lose it all back do you realize the market gave you those gains—it wasn’t skill.
My attitude now: I’m watching, but I’m not in a rush. I’m keeping some bullets in reserve and waiting for a signal.
What about you? Are you brave enough to catch this AVAX dip, or are you still waiting?
Let’s look at the numbers—
Today: $ 10.93. A week ago, it was $ 11.04. A month ago, it was $ 13.8. And before that? Well, its ATH was $ 146. A 92% drop—sound familiar? ETH fell that much in 2018, and various major coins did the same in 2022.
AVAX is consolidating, up 5.7% over 24 hours and down a slight 0.7% over 7 days. FGI is 69, indicating greed in the market. AVAX is moving in line with the broader market—not outperforming, but not lagging either.
Back to the point.
Is a 92% drop an oversold situation? Yes. But oversold doesn’t mean it’s time to buy the dip.
When I got burned in 2017, I also saw coins down 90% and thought they were cheap, so I jumped in. And then? There was a basement beneath the floor.
AVAX faces a fundamental question right now: Can it tell a compelling story in the next bull market? Is its ecosystem still alive? Will users come back? I don’t have the answers—you need to know where you stand on those questions.
Can you buy the dip? Sure. But there are a few conditions—
First, buy in batches; don’t go all in. A 92% drop doesn’t mean it can’t fall to 95%. Anything can happen in a bear market.
Second, you need to be able to hold on. Can you leave that money untouched until the next bull market? That’s key.
Third, does the coin itself still have a future? A coin with no story may genuinely be cheap, but it might not be the one that rises in the next cycle.
Honestly, seeing AVAX at $ 10 makes my fingers itch. But I still remember the lesson from 2021: when you’re making money, you think you’re a genius. Only when you lose it all back do you realize the market gave you those gains—it wasn’t skill.
My attitude now: I’m watching, but I’m not in a rush. I’m keeping some bullets in reserve and waiting for a signal.
What about you? Are you brave enough to catch this AVAX dip, or are you still waiting?