As Ethereum approaches its all-time high, frustration among Avalanche ($AVAX) holders intensifies. Stuck at a significant $27 resistance level, many in the community are anxious about $AVAX's delayed bull run.
Users express their frustration as they witness Ethereum's momentum. One holder lamented, "Itβs sickening to see ETH racing towards its ATH while $AVAX sits idle." Others voiced concerns about potential scams, reminding everyone to stay cautious.
Resistance Levels: The persistent $27 barrier has holders exasperated. Comments reflect sentiment like, "Why canβt we break past this point?"
Scam Alerts: Users are urged to be vigilant. "Never share your Seed Phrase; MODS will never DM you first," one user warned.
Mixed Perspectives on Growth: Several participants maintain hope for future gains, citing previous patterns where $AVAX thrived after Ethereum's surges.
Quotes showcase a mix of skepticism and cautious optimism:
"I sold it 2 days ago. Lost a lot of $$. Hopefully it goes up for you guys!"
"Some users argue that patience pays in crypto."
Interestingly, one user noted, "This coin isnβt 5 years old yet. Iβd rather they focus on building real business applications instead of chasing pump-and-dump trends."
Analysts speculate that $AVAX could gain traction if Ethereum maintains its ascent. Historically, 70% of altcoins tend to lag behind Ethereum during bullish trends. Sources indicate that if Ethereum's momentum continues, $AVAX has a 60% chance of surpassing the $27 resistance.
However, any downturn for Ethereum could further delay $AVAX's aspirations, suggesting the community may need to practice patience.
Current market conditions echo past cycles where established cryptocurrencies led early bullish runs. Newer players generally require time to catch up. This observation hints at a potential upward trajectory for $AVAX, reliant on Ethereum's current performance.
β οΈ Frustration mounts as holders share concerns about resistance levels.
π Vigilance is crucial due to rising scam warnings in the space.
β³ Patience might be key; many believe in a possible recovery post-Ethereum's ascent.
Amid growing frustration, the community's mixed emotions provide a glimpse into their hopes for $AVAX. Despite recent setbacks, many remain devoted to the belief that better days are ahead.