Don't touch AVAX! At 6.084, it's still down 7.96%, and after hitting a 24-hour high of 6.635, it's now barely holding support at 5.946. This trend is like a waterfall—124m in trading volume is all panic selling. You think this is a bottom? Check the liquidation data for large contract holders: long liquidation volume has directly doubled. Catching this falling knife hurts more than grabbing a flying one.

If you really want to trade, there's only one condition: wait for the price to break below 5.8 with volume exceeding 150m, then go for a quick 3% bounce and exit. Set your stop loss at 5.5 and keep position size under 2%. In all other cases, just stay out and watch. Don't even touch it.

I've learned this the hard way with real money. Last year, when AVAX dropped from 20 to 8, I believed "golden pit"—and got cut in half, then in half again. If you want to verify my data, check on-chain net inflows before every update—as long as fleeing capital hasn't finished leaving, any rebound is a trap. Follow me and get chopped less often.