$AVAX

Let's talk about the Avalanche (AVAX) and its current price action.
What's happening with AVAX?
AVAX has recently bounced off the 200-day moving average (MA), a significant technical indicator. While this is a bullish sign, the price is now facing resistance at a key level.
What to expect next?
There are two possible scenarios:
* Sideways Trading: AVAX could continue to trade sideways between the resistance level and the 200-day MA. This could lead to a period of consolidation before a breakout in either direction.
* Breakout: If AVAX manages to break through the resistance level, it could signal a new uptrend. However, a successful retest of the broken resistance level would be ideal to confirm the breakout.
What should you do?
* Stay Informed: Keep an eye on AVAX's price action and technical indicators.
* Be Patient: Don't rush into any trades. Wait for a clear signal before taking action.
* Consider a Wait-and-See Approach: If you're unsure about the direction of the market, it might be best to wait for a clearer picture to emerge.
Remember, past performance is not indicative of future results.
Always do your own research before making any investment decisions.
Let's see if AVAX can break out of its current range!
#AVAX #Avalanche #Crypto #Trading #Investment

$AVAX

Is This the Start of a New Bull Run?
After a long and grueling 1,400 days of sideways trading, AVAXUSDT, the Avalanche token, has finally broken out of its long-term resistance line on the weekly chart!
What does this mean for AVAX?
A breakout like this is a bullish signal, suggesting that AVAX could be ready for a significant price increase. The high volume accompanying this breakout further strengthens the bullish sentiment.
Here's what you need to know:
Buy Zone: Below $54.00
Stop Loss: $40.00
Take Profit 1: $64.50
Take Profit 2: $85.00
Take Profit 3: $140.00
What should you do?
If you're bullish on AVAX, now might be a good time to consider buying. However, as always, it's important to do your own research and only invest what you can afford to lose.
Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.
Let's hope that this breakout is the beginning of a new bull run for AVAX!
Stay tuned for more updates!
#AVAX #Avalanche #Crypto #Trading #Investment

$AVAX

Is AVAX Ready to Soar to New Heights?
AVAX, the native token of the Avalanche blockchain, has shown remarkable resilience in the face of recent market volatility.
Here's why AVAX is poised for a potential bull run:
1. Recent Price Action:
AVAX has successfully absorbed most of the recent price dump, indicating strong underlying demand. A weekly close above the current resistance level could confirm a bullish trend.
2. Wave Analysis:
Looking at the chart, AVAX appears to be in the early or middle stages of a potential wave 3. This could lead to significant price appreciation in the coming months.
3. Bullish Market Outlook:
If the current bull market continues for the next year, AVAX could experience substantial growth. It's important to monitor Bitcoin dominance (BTC.D) to identify potential profit-taking opportunities along the way.
Potential Price Targets:
While it's difficult to predict exact price targets, AVAX has the potential to reach new highs if the market remains bullish.
What Should You Do?
If you're bullish on AVAX and the broader cryptocurrency market, now could be a good time to consider adding AVAX to your portfolio. However, it's crucial to conduct thorough research and only invest what you can afford to lose.
Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.
Let's hope that AVAX continues its upward trajectory and delivers impressive returns to its holders!
#Avax🔥🔥 #Avalanche #Crypto #Trading #Investment

Avalanche CEO calls for freezing Satoshi-era million Bitcoins amid quantum computing concerns

Early Bitcoin mined by Satoshi Nakamoto could become vulnerable to quantum computing, says Avalanche’s Emin Gün Sirer, who is urging to consider freezing these coins.
Emin Gün Sirer, the founder of Avalanche avax2.96%Avalanche, sparked debate in a Dec.
10 post on X, proposing to freeze 1 million Bitcoins btc0.53%Bitcoin worth about $97 billion.
These coins, believed to have been mined in Bitcoin’s early days, are often linked to its pseudonymous creator, Satoshi Nakamoto.
But Sirer’s proposal has nothing to do with the possible reappearance of Bitcoin’s creator.
Instead, he raised concerns that quantum computing could threaten the security of these coins, which still use an older cryptographic standard.
Hello world
Sirer’s idea comes shortly after Google unveiled its new quantum computing chip dubbed “Willow.”
According to the tech giant, Willow can perform a standard benchmark computation in under five minutes “that would take one of today’s fastest supercomputers 10 septillion (that is, 1025) years.”
And while Willow can’t yet break Bitcoin’s encryption, it marks a key step toward practical quantum computing.
Sirer claims that quantum computing “will make it easier to perform certain operations, like factoring numbers, while others, such as inverting one-way hash functions, remain just as difficult.” However, there are still too many ifs and buts.
Moral case
The thing is, Bitcoin’s security is still solid against these advances because it relies on hashing algorithms and elliptic curve cryptography. But that can’t be said about Satoshi-era coins.
That’s where Sirer points out the most important exception: early Bitcoin coins, including those likely mined by Nakamoto, used the Pay-to-Public-Key (P2PK) format.
Unlike newer formats, P2PK exposes the public key, giving quantum attackers more to work with.
The Avalanche CEO says these coins “provide the ‘mother of all cryptography bounties,'” emphasizing the risk posed by this older format if quantum computers become more capable.
Sirer argues that the Bitcoin community should consider “freezing” coins stored in P2PK addresses or setting a “sunset date” for their usability.
Such a move, he suggested, would protect Bitcoin’s overall integrity from a future where quantum computers might crack P2PK cryptography.
The proposal, however, has drawn both support and criticism. Advocates see it as a proactive step to mitigate risks posed by emerging technology.
Critics, however, view it as an attack on the principles of decentralization and ownership that underpin Bitcoin.
What’s the matter with P2PK
Most modern Bitcoin wallets use Pay-to-Public-Key-Hash — also known as P2PKH — or SegWit formats, which only reveal a hashed version of the public key.
The additional security layer ensures that even if a quantum computer exists, it would have to first invert the hash to extract useful information — an extremely tough nut to crack.
In contrast, P2PK addresses store the public key in plaintext, giving potential attackers a direct starting point for quantum attacks using algorithms like Shor’s, which can, in theory, break elliptic curve cryptography with enough computational power.
Ben Sigman, a Bitcoin entrepreneur, explained in an X post that despite the recent quantum developments, computers like Willow are still far from capable of launching such attacks.
“Cracking Bitcoin’s ECDSA 256 encryption would require over 1,000,000 qubits,” Sigman wrote, adding further that Willow’s 105 qubits “aren’t even close.”
Critics push back on freezing proposal
An X user under the alias “maeda_aaron” argued that freezing Satoshi’s coins “could flush out Satoshi from silence,” adding that such a move is “more detrimental to crypto than someone possibly being able to get access.”
Others have raised doubts about how to identify and freeze these coins without causing more controversy.
“How to clearly define “Satoshi’s coin”? that’s the big issue,” asked user under alias “r8raq,” highlighting that “a sunset date and freeze all coins at P2PK utxos is just alike another “birthright citizen cancelling”, it’ll be a tremoudes controvosial issue!”
Others worry about the precedent this could set for future changes. Bitcoin’s “killer feature” is that it can’t be easily changed, and messing with its rules might turn off users who like that it resists censorship and interference.
While the risks posed by quantum computing are speculative for now, Sirer and others believe the crypto community must prepare for consequences.
“Realistic attacks on cryptocurrencies are still a long way off,” Sirer wrote. “For now, let’s all watch how quantum computers develop over the next few decades.”
#quantumcomputers #quantumAI #quantumchip #Avalanche #CryptoNews

📊 In recent days, AVAX broke its short-term uptrend and entered a correction, dropping to the key support zone of $39–$41.
🔴 This support has played a significant role in recent price action.
✅ A positive reaction at this level could push the price toward resistance levels of $50 and $55.
👉🏼 Breaking the descending trendline and stabilizing above $50 would confirm further bullish momentum
📊NEUTRAL: $AVAX (4H)
#AVAXUSDT | #AVAX | #Avalanche

Current Price $42.43
Market Cap $17.36B
Change 1h -5.35% | 24h -14.18%

4-Hourly Indicators:
•  RSI: 27 - Oversold 🔴
•  MACD: -2 - Bearish 🔴
•  EMA: 48 - Trading Below 🔴

Analysis: AVAX is correcting after breaking its uptrend and is now at a crucial support zone of $39–$41. This level has influenced recent price action, suggesting it’s a key area for a potential bounce back.

Price Targets: If AVAX rebounds from this support, look for a push towards resistance levels at $50 and $55. Keep an eye on market sentiment to gauge readiness for a bounce!

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