I've been closely watching AVAX on the 15-minute chart lately, and the price movement is as flat as a straightened rope—clearly the sign of heavy-handed market maker control. Previously, when observing the 4-hour chart, I noticed a pattern: long periods of narrow-range consolidation, occasional fake breakdowns to shake out weak hands, but the price quickly bounces back, then continues a slow, frog-boiling-style climb.
I'm still holding my position mainly because of the ETF catalyst. If, after the positive news is realized, it can replicate the recent explosive rally that LINK had, I'll most likely choose to take profits. After all, with highly manipulated coins like this, the big players tend to be the quickest to dump when the time comes.
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GasFeeCrier
· 4h ago
It's so obvious the whales are manipulating the market, and you're still holding? I got out a long time ago, haha.
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BitAndBull
· 14h ago
three minutes of enthusiasm
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GasFeeWhisperer
· 14h ago
Market manipulation by whales—everyone’s got a point, but I still think it’s a bit early. If the ETF really comes and AVAX manages to take off, that’d be unbelievable.
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alpha_leaker
· 14h ago
The market maker's price manipulation is so obvious that I feel anxious for them. Let's wait until the ETF finally lands, but I bet five bucks the main players will exit early.
I've been closely watching AVAX on the 15-minute chart lately, and the price movement is as flat as a straightened rope—clearly the sign of heavy-handed market maker control. Previously, when observing the 4-hour chart, I noticed a pattern: long periods of narrow-range consolidation, occasional fake breakdowns to shake out weak hands, but the price quickly bounces back, then continues a slow, frog-boiling-style climb.
I'm still holding my position mainly because of the ETF catalyst. If, after the positive news is realized, it can replicate the recent explosive rally that LINK had, I'll most likely choose to take profits. After all, with highly manipulated coins like this, the big players tend to be the quickest to dump when the time comes.