AVAX Exhibits $0.636 Short-Term Bubble Potential as Traders Monitor New Trends

Current Risk Level: AVAX is currently at a risk level of 0.636, indicating a bearish state with subdued short-term strength as traders monitor price action for potential upward movement.

Price Behavior Patterns: The chart reveals repeated cycles of rising heat and cooling phases, with red zones indicating high risk and deep blue areas representing periods of loss or slow accumulation.

Historical Context: The price of AVAX has experienced significant fluctuations, moving from below $4 to above $100 in 2021, with risk readings providing insights into market peaks and resets.

Future Outlook: The current mixed readings suggest early strength, but the key question remains whether AVAX can break out of the cooling phase and establish a new upward trend similar to previous cycles.