AVAX Price Rises Amidst Bearish On-Chain Signals and Decreased Derivatives Trading

Avalanche (AVAX) gains 5%, yet exhibits bearish on-chain indicators amidst divided market sentiment. A marked decline in derivatives trading hints at waning market interest or potential consolidation. Bearish technical indicators suggest possible future downturns despite current price rise. AVAX’s recent price surge hints at potential growth, but bearish indicators and mixed sentiment could foresee challenges