Recently, a major options platform has added USDC settled options for AVAX and TRX, and this move is quite interesting. Expanding the derivatives portfolio means liquidity will significantly increase, which indeed opens up new trading opportunities for us.

As for AVAX's current performance, the price is oscillating around $14.39, with an RSI reading of 45.3, which is a bit frustrating. But looking closely at the technicals, the situation isn't too bad—support is right at the $13.96 level, with resistance at $14.82, and a breakout point at $14.68. This correction feels like it's nearing its end, and the key is whether it can stabilize and then make a move upward.

My personal view is this: if it can break above $14.68, I will add to my position, aiming for the $15.00 level; but if it breaks below the $13.96 support, I will cut losses and exit. To be honest, market changes are too fast, so we need to be cautious. Plus, with this new hype around derivatives, I expect some new funds to flow in, so I plan to build my position gradually, step by step—don't throw everything in at once.

What are your thoughts on this market?

📊 Key price levels:
• Support: $13.960000
• Resistance: $14.820000
• Breakout: $14.680000