But the problem is that the macro picture is still unbalanced. The 10-year US Treasury yield is still hovering above 5.2%. With Treasuries offering a risk-free 5% yield, who wants to take risks in crypto? Bitcoin itself has been grinding back and forth between $84,000 and $87,000, unable to break higher or lower. Without BTC leading the charge, it’s difficult for altcoins to stage an independent rally.

That said, AVAX does have several cards that other public chains lack. Goldman Sachs’ $100 billion Treasury fund runs on Avalanche through Lynq, while SEC-registered brokerage tZERO handles settlement. This isn’t just narrative hype—the institutional channel is already operating with real money. The market cap of tokenized stocks increased by $246 million in September, the largest gain across all chains. The Helicon upgrade reduced the staking unlock period from 14 days to 48 hours, greatly improving the flexibility of institutional capital inflows and outflows. These are the real forces behind this move from $8 to $12, rather than simply following BTC.
On the trading side, my view is straightforward:

11.27 is the dividing line. If the daily candle closes above it on strong volume, the next targets are 12.5–13, with the upper Bollinger Band waiting there. If it continues grinding sideways, don’t chase blindly—wait for a pullback into the 10.5–10.8 range before considering an entry. Set the stop-loss at 10.04, the SMA20. If it breaks, admit you’re wrong and exit—don’t stubbornly hold.

#AVAX With a current market cap of $490 million versus SOL’s $70 billion, the upside elasticity is indeed high, but it can also get hammered just as hard in the other direction. Don’t get carried away; manage your position size carefully.
#比特币冲击8.7万美元遇阻回落
#美国9月非农新增2.9万 .

View Original

This page contains third-party content and does not constitute any advice, nor does it represent Gate's endorsement of such views. For details, please see disclaimer.

AVAX-5.69%

BTC-1.33%

SOL-3.58%

2
16
45.37k

Add a comment

Comment

Furuixianghe

2026-10-05

With a 5.2% risk-free yield on the table, even the strongest crypto narrative has to bow.

00View Original

LuZiming

2026-10-05

…………………………………………………………………………………………………………………………………………牛

Yoojiinn

2026-10-05

Paying Close Attention🔍

00View Original

EquityMindset

2026-10-05

With a 5.2% risk-free return on the table, even the strongest crypto narrative has to bow down.

00View Original

Salamcryptobro

2026-10-04

Solid bot execution on $NVDA. Very bullish

XinfeiFaye

2026-10-04

Go long or short?

00View Original

XiaoYuxin

2026-10-04

Learned a new approach! 💡

00View Original

TxCollector

2026-10-04

Helicon’s 48-hour unlock after the upgrade—good catch; liquidity is exactly what institutions want.

00View Original

StarrySkyEarnsOneHundred

2026-10-04

Come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on

00View Original

LiquidityMaker

2026-10-04

A market cap of 490 million versus 70 billion: volatility is a double-edged sword—it rises fast but falls just as hard.

00View Original

Trending Topics

#Gate Money Officially Launches

#Fed September Minutes Lean Hawkish

#Samsung Q3 Operating Profit Surges 782.5%

#Gate Partners with Visa to Launch Crypto-Linked Card

#US Government Addresses Move $670M in Crypto Over 32 Hours

#Robinhood Adds $25M Bitcoin to Balance Sheet

#US Optical Communication Stocks Close Lower

#GT Burns Nearly 2M Tokens in Q3

#Hyperliquid Perp OI Market Share Hits Record 11.9%

#CFTC Proposes New “Crypto Asset Market” Category