CME Launches Avalanche and Sui Futures for Institutions
- New Futures Contracts Launched: CME Group has introduced futures contracts for Avalanche (AVAX) and Sui (SUI), with standard sizes of 5,000 AVAX and 50,000 SUI, and micro contracts of 500 AVAX and 5,000 SUI, enabling institutional investors to manage digital asset portfolios without owning the underlying assets.
- Diverse Trading Strategies: The new contracts provide digital asset traders with various trading and hedging strategies, including directional trading and basis trades, allowing investors to compare AVAX or SUI futures with Bitcoin and Ethereum futures, thereby optimizing investment decisions.
- Successful Initial Trades: Shortly after launch, CME executed its first block trades on May 6 between FalconX and G-20 Group, indicating strong demand from institutional investors for the new contracts, particularly regarding safety and compliance preferences.
- Extended Trading Hours: CME plans to offer crypto futures trading seven days a week starting May 29, 2026, aiming to attract greater institutional participation in the crypto derivatives market through extended trading hours and diversified product offerings.
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Technical Analysis for AVAX
Technical Sentiment Analysis for Avalanche (AVAX). As of , Avalanche (AVAX) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 0 indicators are flashing buy, while 6 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AVAX stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, AVAX is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Avalanche (AVAX) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 8.09 | 8.462 | 8.858 | 9.23 | 9.626 | 9.998 | 10.394 |
| Fibonacci | 8.462 | 8.755 | 8.937 | 9.23 | 9.523 | 9.705 | 9.998 |
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