$AVAX
《Does the price of AVAX trigger a recent rebound?》
👉The price of AVAX continues to decline, and a significant reason behind this may be closely related to a series of recent changes at the Avalanche Foundation.
👉At the beginning of the month, the departure of three board members raised deep concerns in the market regarding the future direction of the project. Despite the project team repeatedly emphasizing that everything is operating as usual, investor confidence remains difficult to stabilize. Although the price is showing a downward trend, the activity of whale accounts reveals that large investors are still actively increasing their holdings of AVAX.
👉Currently, AVAX is at a crossroads of fate. Although bearish sentiment still prevails, positive accumulation signs and key technical indicators suggest that a strong rebound may be on the horizon in the near future.
👉The primary target for AVAX is $20.3, and if it stabilizes, it may aim for $24.5.