自11月以來，雪崩[avax]已回顧了它的所有收益

自11月以來，雪崩[avax]已追回了它所取得的所有收益。在發稿時，似乎需求強勁的區域略低於20美元，但目前尚不清楚該區域是否可以扭轉Avax後面的強勁下降。

Avalanche [AVAX] has seen a significant pullback from the gains it made in November. At press time, it appeared to be forming a strong demand zone just below $20, but it was unclear if this zone could help to stem the strong downtrend behind AVAX.

雪崩[avax]從11月的收益中獲得了重大回調。發稿時，它似乎在20美元以下的需求區域形成強勁的需求區，但目前尚不清楚該區域是否可以幫助阻止Avax後面的強大趨勢。

On the daily chart, the altcoin has been trending downwards since late January, when the asset encountered a lower low below the $35 support. Its momentum, indicated by the MACD, remained firmly bearish throughout February, even as a bullish divergence began to emerge as AVAX approached the $20-support.

在每日圖表上，自1月下旬以來，Altcoin一直在向下趨勢，當時資產遇到低於35美元的支持。 MACD表明的勢頭在整個2月份仍然牢固看跌，即使隨著阿瓦克斯（Avax）接近20美元的支持，也開始出現不同的分歧。

AVAX faced resistance at the 20-day moving average and the 100% retracement level.

Avax在20天的移動平均線和100％回回水平下面臨阻力。

Source: AVAX/USDT on TradingView

資料來源：交易中的Avax/USDT

The market structure and trend have been bearish in February. The 100% retracement level that marked the November lows at $22.35 has been flipped to resistance. The next support level is now at $19.73 – A significant support level from November 2023.

2月份的市場結構和趨勢一直是看跌。標誌著11月低點的100％回撤水平已傾向於抵抗。下一個支持水平現在為$ 19.73 - 從2023年11月起的大量支持水平。

Interestingly, as AVAX approached the $20-psychological level, it formed a divergence with the momentum indicator. The price made lower lows while the MACD indicator made higher lows. This divergence, which began on February 1, suggested that a price bounce may be likely in the coming days.

有趣的是，隨著Avax接近20美元的心理學水平，它與動量指標形成了分歧。價格降低了低點，而MACD指示器則使低點更高。這種分歧始於2月1日，這表明在未來幾天可能會發生價格反彈。

However, this bounce would not be enough to immediately reverse the downtrend. A shift in market structure would occur when the AVAX token sets higher swing highs and lows.

但是，這種反彈不足以立即逆轉下降趨勢。當avax令牌設置較高的鞦韆高點和低點時，市場結構會發生變化。

The immediate resistance for AVAX to breach would be $26.54, just above the 20 DMA at $24.24. As things stand, however, such a move does not seem imminent.

avax違反的立即阻力為26.54美元，略高於20 dma，價格為24.24美元。然而，正如事情的存在一樣，這樣的舉動似乎並不是迫在眉睫。

Liquidation data from Coinglass highlighted that the $27.4-level was a strong magnetic zone for price action in February.

來自Coinglass的清算數據強調，27.4級的$ 27.4級是2月份價格動作的強大磁性區域。

Below it, the lower timeframe local highs at $23.4 from February 15 and 16 meant that the $23.7-$24 region was also a short-term target for liquidation in the coming days.

從2月15日起，較低的時間表本地高點為23.4美元，這意味著$ 23.7- $ 24的地區也是未來幾天清算的短期目標。

To the south, the $20-zone also had a cluster of liquidation levels. Considering the bullish divergence and Bitcoin’s [BTC] bounce above $85k, there’s a chance that AVAX would move towards $24 next. Traders must be careful as a BTC drop could take the price to $19.7-$20.

在南部，售價20美元的清算水平也有很多。考慮到看漲的分歧和比特幣的[BTC]彈跳超過85,000美元，Avax有可能下一步轉向24美元。交易者必須小心，因為BTC下降可能會將價格提高到$ 19.7- $ 20。