AVAX's recent trend shows clear signs of technical suppression, with multiple signals indicating downward pressure.

From a capital perspective, over the past 7 days, there has been a continuous outflow of $8.34 million in main funds. Such a large-scale withdrawal often signals heavy resistance above. Additionally, on the technical side, the EMA7/25/99 lines form a clear repression pattern, with each rebound being blocked at these key levels.

More notably, market sentiment reflected in trading data shows that the 24-hour long position liquidation volume is 11.6 times that of shorts, indicating that bullish investors are under continuous pressure. Rather than viewing this as a market correction, it is more like a one-way profit-taking process.

From a technical perspective, if AVAX continues to decline, the first critical support level is around 12.79. Once broken, it will be difficult to find a solid rebound basis in the short term. Further support lies below the 12.15 region.

Trading is fundamentally a game of probabilities. When bullish signals weaken, funds continue to flow out, and technicals form resistance, following the trend is often the more prudent choice. Before the market shows a clear reversal signal, it is especially important to be cautious about the current rebound temptations.