唐华斑竹 Analyzes Recent AVAX Trends, Focus on Key Levels

According to Twitter user 唐华斑竹, AVAX has risen from $5.67 in mid-September to $12.007, with the current price at $11.037, marking a 59% increase over the past month. The moving averages are in a bullish arrangement, with the 7-day, 25-day, 99-day, and 200-day moving averages showing strong support. In the macro environment, the 10-year U.S. Treasury yield has exceeded 5.2%, affecting investment sentiment in the cryptocurrency market. AVAX has unique advantages, as Goldman Sachs' $100 billion Treasury fund operates on Avalanche through Lynq, and the market capitalization of tokenized stocks increased by $246 million in September. It is recommended to pay attention to the $11.27 watershed; if the daily volume breaks through, the target price is between $12.5 and $13; if it does not break through, it is advised to wait for a pullback to the $10.5 to $10.8 range. The stop-loss is set at $10.04.

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