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AVAX Stumbles as Crypto Market Surges—Bearish ’Double Top’ Pattern Spooks Traders

AVAX Stumbles as Crypto Market Surges—Bearish ’Double Top’ Pattern Spooks Traders

Author:
Coindesk
Published:
2025-06-26 14:45:52
6
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AVAX Underperforms Broader Crypto Market as Short-Term 'Double Top' Pattern Emerges

AVAX's rally hits a wall while Bitcoin and Ethereum charge ahead—classic crypto divergence or a warning sign?

Technical traders are eyeing a potential 'double top' formation, a chart pattern that often precedes sharp pullbacks. The Avalanche token's underperformance raises eyebrows as the broader market flirts with new yearly highs.

Meanwhile, 'buy the dip' maximalists are already circling—because nothing solves technical weakness like throwing good money after bad.

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