雪崩（avax）价格构成了双底，但是否表明它可以朝着更多上升空间前进？

最近的数据信号表明，加密货币周围的鲸鱼活动正在上升。 Avax在发稿时的价格为19.69美元，代表32.95％

Avalanche's native token, AVAX, has encountered a double bottom, which could indicate potential for further gains. Recently, there has been a surge in whale activity around the cryptocurrency.

雪崩的本地令牌Avax遇到了双底部，这可能表明有可能获得进一步的收益。最近，加密货币周围的鲸鱼活动激增。

At the time of writing, AVAX is trading at $19.69, showing a 32.95% increase from its lowest price point this month. Data from IntoTheBlock reveals that whales have been accumulating AVAX over the past few weeks.

在撰写本文时，Avax的交易价格为19.69美元，显示出本月最低价格的增长32.95％。来自intotheblock的数据表明，鲸鱼在过去几周中一直在积累avax。

To start the year, whales held 26.53 million AVAX, according to the data. By 19 April, that figure had risen to 38.47 million AVAX. The difference, at present value, is roughly $231.5 million.

根据数据，鲸鱼开始年度，鲸鱼持有2653万瓦克斯。到4月19日，这个数字已上升至3847万瓦克斯。目前的差额约为2.315亿美元。

The renewed interest from whales offers encouragement that AVAX is still an appealing coin. It may have also contributed to the latest price uptick and helped to prevent further downside for the token.

鲸鱼的新兴趣鼓励Avax仍然是一枚吸引人的硬币。它可能还导致了最新的价格上涨，并有助于防止令牌进一步的缺点。

This recent surge in whale activity may be a response to the latest Avalanche upgrade, dubbed Octane. The upgrade reportedly reduced transaction fees by more than 30 percent and swapping fees by 97 percent.

最近的鲸鱼活动激增可能是对最新的雪崩升级的回应，称为辛烷值。据报道，升级将交易费用降低了30％以上，并将费用降低了97％。

On-Chain data also shows that short-term traders acquired a significant amount of AVAX and have been taking profits since then, which is evident in their decreasing balances.

链上的数据还表明，短期交易者从那以后就获得了大量的avax，并且从那以后一直在获利，这在降低余额中很明显。

Conversely, HODLer and cruiser balances have been increasing since then, which may explain why AVAX price did not experience a massive pullback after its latest rally.

相反，霍德勒和巡洋舰的余额从那以后一直在增加，这可以解释为什么Avax Price在其最新集会后没有经历大量的回调。

AVAX crypto sell pressure has cooled down, which could pave the way for more upside.

avax加密卖压力已经冷却了，这可能为更多上升空间铺平道路。

Examining the crypto spot flows suggests that the bears have been pulling back. Spot inflows were as high as $10.63 million on 6 April, but that figure dropped to $1.4 million on 18 April.

检查加密货币斑点表明熊已经向后拉。 4月6日，现货流入高达1063万美元，但该数字在4月18日下降到140万美元。

The declining spot flows were accompanied by a significant uptick in open interest. The latter was up from $297.44 million on 12 April to $423.55 million as of 20 April.

斑点流量下降，伴随着开放兴趣的显着增长。后者从4月12日的2.9744亿美元增加到44.55万美元，截至4月20日。

Spot flows were also back on the positive side, suggesting that investor sentiment was back in favor of the bulls.

现场流也恢复了积极的一面，这表明投资者的情绪又回来了。

While the decreasing sell pressure set the stage for some accumulation and, consequently, some upside, demand remained limited, perhaps because investors remained on the side of caution. However, whale demand suggests that there was optimism about AVAX price prospects moving forward.

虽然卖出压力的下降为某些积累奠定了基础，因此，某些好处的需求仍然有限，也许是因为投资者仍处于谨慎状态。但是，鲸鱼的需求表明，人们对avax价格前景前进有乐观。

The cryptocurrency's MFI confirmed that positive liquidity flow was returning to AVAX price through its latest spike since 7 April.

加密货币的MFI证实，自4月7日以来的最新飙升，积极的流动性流量正在恢复到Avax价格。

While liquidity flows have been positive, price movement was rather limited last week. However, the key takeaway was that profit-taking was limited.

尽管流动性流量是积极的，但上周的价格变动却相当有限。但是，关键的收获是获利是有限的。

Avalanche TVL holds on above $1 billion while DEX volumes cool down.

Avalanche TVL持有超过10亿美元，而DEX量很酷。

Total value locked is usually a decent measure of market confidence in a coin. Avalanche TVL managed to stay above $1 billion despite its decline from its December peak above $1.64 billion. However, it was still nowhere near its historical top, during which TVL surged as high as $13.9 billion in 2021.

锁定的总价值通常是对硬币市场信心的体面衡量。雪崩TVL仍设法保持超过10亿美元，尽管其12月峰值低于16.4亿美元。但是，它的历史顶部还远远没有，在此期间，TVL在2021年高达139亿美元。

Avalanche also saw a significant surge in DEX volumes in Q4 2024. DEX volumes surged over $662 million, highlighting how it managed to take advantage of opportunities in the DeFi segment.

雪崩还看到了第4季度2024年的DEX量增长。DEX量飙升了6.62亿美元，突出了它如何设法利用Fefi领域的机会。

DEX volumes have since cooled down in line with the bearish market conditions. It was down to around $84.38 million. Daily transactions and stablecoin marketcap also hovered at significantly lower levels compared to their December and January levels.

此后，DEX量与看跌市场条件相符。下降到约8438万美元。与12月和1月的水平相比，每日交易和Stablecoin MarketCap的水平也显着降低。

Stablecoin marketcap peaked at $2.43 billion in December and was down to $1.73 billion as of 19 April. The latter's transactions clocked in at 211,230 TXs, which is also a significant cool down from over 586,000 transactions recorded on 8 December.

Stablecoin MarketCap在12月的24.3亿美元达到顶峰，截至4月19日，达到了17.3亿美元。后者的交易的收入为211,230 TX，这也是12月8日记录的586,000多笔交易的重要冷静。

The above Avalanche metrics highlight the impact of the bearish market conditions over the last four months. They also confirmed that network activity maintained healthy levels. Nonetheless, further price appreciation may hinge on a broader crypto market recovery.

上述雪崩指标突出了过去四个月中看跌市场状况的影响。他们还确认网络活动保持健康水平。尽管如此，进一步的价格升值可能取决于更广泛的加密货币市场回收率。