The current AVAX price action is really frustrating to watch—the 15-minute chart is as flat as a straight line, definitely showing signs of heavy-handed control by the main players. Looking at the 4-hour chart, you can spot a pattern: long periods of narrow-range consolidation, a sudden dip to test the downside, then a quick snap back to the original level, followed by a slow, grinding climb upward.

I’m still holding onto my position, mainly because the ETF news is still out there. If it plays out like that recent LINK rally—where good news triggered an immediate takeoff—I’ll just take profits when things look good. For now, it’s just a waiting game to see when the big players decide to make a real move.