AVAX's recent trend shows typical signs of a technical reversal. From the candlestick patterns, the price has been suppressed by the EMA 7/25/99 three moving averages, and the death cross pattern has been officially established. This simultaneous downward pressure from multiple moving averages often indicates the beginning of a downtrend.
Fund flow data tells an even more interesting story. Comparing liquidation data reveals that, within a 12-hour cycle, long liquidations are 26 times higher than short liquidations—this figure reflects significant disagreement among market participants about the future direction. Every price rebound is accompanied by substantial stop-losses on long positions.
From a technical perspective, the characteristics of this wave of market movement are quite clear: first, major funds push the price higher to attract retail traders to go long, then gradually start to unload. When this process completes and longs are trapped, it often marks the start of an accelerated decline.
Currently, AVAX's technical support level is around $12.00. If this line is effectively broken, further correction could extend down to the $11.500 level. The market now only needs a trigger point, and the bears will quickly take action.
The essence of trading in the crypto market is a probability game; identifying high-probability opportunities is key to long-term profitability. The technical features currently presented by AVAX are among those signals worth paying attention to.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
7
Repost
Share
Comment
0/400
TopBuyerBottomSeller
· 12-27 03:44
Another routine of cutting leeks, 26x liquidation? A typical main force shakeout script.
Retail investors are about to suffer again.
Tired of hearing the term death cross, last time it was the same, how is AVAX now...
Not being able to defend the 12-dollar line is a real problem; I’ve already set my stop-loss orders.
If this drop really comes, I’ll wait for $11.50 to bottom out.
The main force’s eating behavior is so ugly, we small retail investors should learn to lie flat.
AVAX still has to continue this wave; I haven’t seen the bulls get liquidated to this extent.
View OriginalReply0
RamenStacker
· 12-27 00:51
Once again, it's the same old death cross argument. Can't handle another 26x surge.
View OriginalReply0
LayerZeroHero
· 12-27 00:48
26x liquidation gap... The fact proves that the longs were indeed drained this time. The architecture design is quite ruthless.
View OriginalReply0
HashBard
· 12-27 00:44
death cross on avax looking nasty... 26x liquidation ratio is honestly wild, someone's definitely getting rekt here. the usual playbook: pump, dump, watch the longs cry. guess we'll see if 12 bucks actually holds or if this bleeds further down. market's just waiting for that one trigger tbh.
Reply0
MagicBean
· 12-27 00:38
Here they come to squeeze us retail investors again; this is the main force's usual trick.
View OriginalReply0
CryptoMom
· 12-27 00:36
Again with this death cross theory, I'm tired of hearing it...
---
26x liquidation gap? That number is impressive, the bulls are basically slaughtered at the slaughterhouse.
---
Support at 12? Feels like it's going to break. What will those cheerleaders for bottom-fishing say then?
---
Every time they say the main players are accumulating and distributing, but what’s the result? Anyway, I’m losing money.
---
Probability game? Sounds good, but why do I always end up on the wrong side of the odds?
---
This situation does look a bit risky; better to go short for some insurance.
---
Can that 11.5 level really hold? I remain skeptical.
---
Analyzing so meticulously every day, but it might be better to just look at the trading volume.
---
What, now you're starting to bearish? Just a few days ago, some people were calling for a buy.
---
Technical analysis looks good, but can it save my currently trapped position?
View OriginalReply0
DuckFluff
· 12-27 00:31
26x liquidation gap... The main force's tactics this time are quite ruthless
---
Another death cross, another breakdown of support, it feels like every analysis can accurately predict the opposite direction
---
If it can't hold at 12, it really has to go lower, but at such times, it's easiest to get bitten by the reverse move
---
Longs were wiped out 26 times, the main force's knife is really fast... retail investors are still catching the bag
---
It's always said to be a probability game, but the key is I can't calculate the probabilities
---
The support level is at 12, it feels like a scythe is about to cut at that price
---
Talking all high and mighty, but the market often moves in the opposite direction, so I choose to bet against it
AVAX's recent trend shows typical signs of a technical reversal. From the candlestick patterns, the price has been suppressed by the EMA 7/25/99 three moving averages, and the death cross pattern has been officially established. This simultaneous downward pressure from multiple moving averages often indicates the beginning of a downtrend.
Fund flow data tells an even more interesting story. Comparing liquidation data reveals that, within a 12-hour cycle, long liquidations are 26 times higher than short liquidations—this figure reflects significant disagreement among market participants about the future direction. Every price rebound is accompanied by substantial stop-losses on long positions.
From a technical perspective, the characteristics of this wave of market movement are quite clear: first, major funds push the price higher to attract retail traders to go long, then gradually start to unload. When this process completes and longs are trapped, it often marks the start of an accelerated decline.
Currently, AVAX's technical support level is around $12.00. If this line is effectively broken, further correction could extend down to the $11.500 level. The market now only needs a trigger point, and the bears will quickly take action.
The essence of trading in the crypto market is a probability game; identifying high-probability opportunities is key to long-term profitability. The technical features currently presented by AVAX are among those signals worth paying attention to.