儘管市場情緒看漲，但 Avalanche (AVAX) 仍面臨嚴峻挑戰，死亡十字架迫在眉睫

Avalanche (AVAX) 一直是加密貨幣市場中表現出色的公司之一，最近達到了新的高度，並躋身前 15 名加密貨幣行列。儘管市場情緒總體積極且圍繞 AVAX 的看漲情緒日益濃厚，但該代幣仍面臨著嚴峻的挑戰，可能會阻止其價格進一步突破。

Despite being one of the top performers in the cryptocurrency market, with a recent entry into the top 15 cryptocurrencies and reaching new price heights, Avalanche (AVAX) faces critical challenges that could prevent its price from breaking out further.

儘管 Avalanche (AVAX) 是加密貨幣市場表現最好的加密貨幣之一，最近進入了前 15 名加密貨幣並達到了新的價格高度，但它面臨著嚴峻的挑戰，可能會阻止其價格進一步突破。

While the overall market sentiment remains positive and bullish for AVAX, there are increasing signs of bearish pressure that could stall the rally and cause the price to retrace before continuing its upward movement.

雖然整體市場情緒對 AVAX 來說仍然積極和看漲，但看跌壓力的跡象越來越多，這可能會阻礙漲勢並導致價格在繼續上漲之前回調。

Strong Bullish Momentum Meets Resistance

強看漲勢頭遇到阻力

After bouncing back from its lows in November, Avalanche has shown a consistent uptrend. The price has been testing the upper resistance of a rising parallel channel that has supported its price action over the last few weeks. This is a positive sign as it shows that the bulls are actively pushing the price higher. However, there has been a consistent failure to break above this resistance, which has raised concerns that the bullish momentum could be running out of steam.

從 11 月的低點反彈後，Avalanche 呈現持續的上升趨勢。價格一直在測試上昇平行通道的上方阻力，該通道在過去幾週支撐了價格走勢。這是一個積極的信號，因為它表明多頭正在積極推高價格。然而，一直未能突破這一阻力位，這引發了人們對看漲勢頭可能失去動力的擔憂。

The inability to break through this resistance, combined with an increase in bearish presence, suggests that the market may be at a critical juncture. If AVAX fails to stay above key support levels, we could see a pullback that would invalidate this rally. A break below these support levels would confirm the onset of a bearish trend and could lead to a significant price drop.

無法突破這種阻力，加上看跌情緒增加，顯示市場可能正處於關鍵時刻。如果 AVAX 未能保持在關鍵支撐位之上，我們可能會看到回調，從而使本輪反彈無效。跌破這些支撐位將確認看跌趨勢的開始，並可能導致價格大幅下跌。

Technical Indicators Raise Concerns

技術指標引發擔憂

While AVAX’s price action on the medium-term time frame remains generally bullish, there are several bearish indicators that could spell trouble. One of the most concerning signals is the drop in trading volume. After hitting yearly highs around $37.50, we can see that the price action is accompanied by a noticeable decrease in trading activity, signaling that traders may have taken their profits and are now waiting for a better entry point to trade. This reduced volume often leads to diminished liquidity, which can prevent the price from sustaining its upward movement.

雖然 AVAX 在中期時間範圍內的價格走勢總體上仍然看漲，但有一些看跌指標可能會帶來麻煩。最令人擔憂的信號之一是交易量下降。在觸及 37.50 美元左右的年度高點後，我們可以看到價格走勢伴隨著交易活動的顯著減少，這表明交易者可能已經獲利了結，現在正在等待更好的交易切入點。成交量減少通常會導致流動性減少，從而阻止價格維持上漲趨勢。

Moreover, the Moving Average Convergence Divergence (MACD) has shown a significant decline in buying pressure. The MACD is a critical tool for gauging momentum, and the recent bearish crossover on the weekly time frame indicates a weakening of the bullish trend. As a result, this could trigger increased selling activity, pushing the price lower.

此外，移動平均線趨同分歧（MACD）顯示買壓顯著下降。 MACD 是衡量動能的重要工具，最近週時間框架上的看跌交叉顯示看漲趨勢減弱。因此，這可能會引發銷售活動增加，從而推低價格。

Additionally, the On-Balance Volume (OBV) has shown a bearish divergence, which is another sign that this rally may be losing strength. The OBV tracks buying and selling pressure, and this divergence suggests that the bears are gaining more control over the price action. This could lead to a continuation of the downtrend, especially if other indicators line up to confirm this bearish momentum.

此外，平衡成交量（OBV）顯示出看跌背離，這是本輪反彈可能正在失去力量的另一個跡象。 OBV 追蹤買賣壓力，這種差異表明空頭對價格走勢獲得了更多控制權。這可能會導致下跌趨勢持續，特別是如果其他指標一致證實這種看跌勢頭的話。

Death Cross Looms on Weekly Chart

週線圖上出現死亡十字

One of the most significant bearish signals for AVAX is the potential formation of a ‘Death Cross’ on the weekly chart. The Death Cross occurs when the 50-day moving average crosses below the 200-day moving average, signaling a shift from bullish to bearish momentum.

AVAX 最重要的看跌訊號之一是周線圖上可能形成「死亡交叉」。當 50 日移動平均線低於 200 日移動平均線時，就會出現死亡交叉，標誌著從看漲勢頭轉向看跌勢頭。

Recently, the AVAX price had crossed over to form a ‘Golden Cross,’ which brought optimism to the market. However, without a significant bullish breakout, the 50-day and 200-day moving averages are now on the verge of crossing, signaling that a pullback could occur.

最近，AVAX價格交叉形成“金十字”，為市場帶來了樂觀情緒。然而，如果沒有顯著的看漲突破，50 日和 200 日移動均線目前正處於交叉邊緣，表明可能會出現回調。

This pullback could potentially bring AVAX’s price to around $30 before any consolidation or recovery takes place. However, despite the potential for a short-term downturn, the broader market sentiment remains bullish. If AVAX can consolidate and hold above key support levels, it may set the stage for a fresh rally, and the price could push higher again in the coming months.

在任何整合或復甦發生之前，這種回調可能會將 AVAX 的價格推至 30 美元左右。然而，儘管有可能出現短期低迷，但整體市場情緒仍然看漲。如果 AVAX 能夠鞏固並保持在關鍵支撐位上方，則可能為新一輪反彈奠定基礎，並且價格可能在未來幾個月內再次走高。

Conclusion

結論

In conclusion, while the bullish sentiment around Avalanche remains strong, the price faces multiple bearish signals that could hinder its immediate progress. The inability to break resistance, coupled with a decline in volume and weakening momentum indicators, suggests that a short-term pullback is possible. However, if AVAX can consolidate above key support levels and the broader cryptocurrency market continues its bullish trend, the token may still see further upside in the future. Investors will need to closely monitor the price action to determine whether the bears can maintain control or if the bulls will manage to push through resistance for a breakout.

總之，雖然雪崩的看漲情緒依然強勁，但價格面臨多個看跌訊號，可能會阻礙其立即進展。無法突破阻力位，加上成交量下降和動能指標減弱，顯示短期回檔是可能的。然而，如果 AVAX 能夠鞏固在關鍵支撐位之上，並且更廣泛的加密貨幣市場繼續其看漲趨勢，那麼該代幣未來可能仍會進一步上漲。投資人需要密切注意價格走勢，以確定空頭是否能夠保持控制，或者多頭是否能夠突破阻力位。