BOSS Wallet data source, Avalanche today's price trend, AVAX latest price has risen to $49.67, an increase of 3.03%, trading volume $2.492 billion

The candlestick chart shows a consolidation trend. Compared to 12:00, there is a slight increase; compared to 13:00, there is a slight decrease; there is a recovery compared to 10:00; and a decline compared to 05:00. When both price and trading volume rise simultaneously, it usually indicates strong buying support in the market.
Buyers are willing to make large transactions at higher prices, indicating an optimistic market sentiment with strong bullish sentiment. In this case, future prices may continue to rise as market momentum is strong and buying continues to increase. Investors should pay attention to the breakout of key resistance levels. If prices can consistently break through and stabilize at higher levels, it signals the continuation of an upward trend.
Price and trading volume are rising in sync, and market sentiment is high. The Williams indicator shows that the market is currently overbought. Recent trading volume has increased, trading volume has risen compared to previous hours, and both price and trading volume are rising: trading is active, and upward momentum is strong.

The market shows strong upward momentum, and it may be considered to increase positions, but attention should be paid to overbought risks and market volatility.

The above content is for reference only and does not constitute investment advice.

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