Avax is highly unpredictable and has done 2 big countercicles in the past (during the bull) and along with matic started the "bear rally" before the others.
If BTC is going to test 25k again, avax will most likely break 30, and go to 35-40. If BTC breaks 25k and goes for 28k, you might see avax test 50$. If this is a dead cat bounce, then you're gonna buy cheap avax (it's gonna test the 14 to 16$ area again).
I don't think this is a dead cat bounce but the most important momment will probably be the US stock market opening tomorrow and the dxy. That will set the trend for the week
Avax is highly unpredictable and has done 2 big countercicles in the past (during the bull) and along with matic started the "bear rally" before the others. If BTC is going to test 25k again, avax will most likely break 30, and go to 35-40. If BTC breaks 25k and goes for 28k, you might see avax test 50$. If this is a dead cat bounce, then you're gonna buy cheap avax (it's gonna test the 14 to 16$ area again). I don't think this is a dead cat bounce but the most important momment will probably be the US stock market opening tomorrow and the dxy. That will set the trend for the week