$AVAX Price and open interest are rising together, indicating increased short-term participation.

15m price / open interest: +0.10% / +0.07%; current open interest: 102.44M; funding rate: +0.0100%.

Rising prices alongside increased open interest suggest the short-term structure remains strong.

Next, watch to see whether price and open interest continue moving in the same direction. If trading volume weakens, lower the level of attention for now.