Is a New Bull Wave Coming?

Key Points:

• AVAX Bubble Map shows moderate speculation with price stabilizing between $20–30.
• Avalanche recorded $150M stablecoin inflows, surpassing Solana’s $120M.
• CLS Global targets AVAX upside above $27 with resistance near $34.434.

AVAX shows signs of recovery as the Bubble Map highlights moderate speculative activity. Smaller red and gray bubbles in summer 2025 indicate the market is not overheated, unlike the 2021 peak at $100.

During the 2022–2023 bear market, AVAX consolidated in the $10–20 range, with gray and green areas reflecting cooling demand. In early 2024, red bubbles reappeared as the price surged to $60 before another correction followed.

Currently, the asset trades in the $20–30 range with no excessive futures speculation. If green cooling zones expand, consolidation could support a move to the $35–40 region. 

A stronger bull cycle may lift prices to $60–80, but such levels will depend on sustained spot demand outweighing speculative futures activity.

Stablecoin Flows Show Avalanche Surpassing Solana in Liquidity

Artemis data reveals strong stablecoin inflows across major blockchains in the last 24 hours. Ethereum added nearly $300 million, maintaining its position as the leading liquidity hub.

Avalanche recorded inflows exceeding $150 million, overtaking Solana, which attracted around $120 million. This marks a notable shift, as Solana has consistently ranked higher in stablecoin activity.

Other networks also showed positive inflows, including Aptos with about $70 million, alongside Tron and Polygon PoS with smaller figures. In contrast, Arbitrum experienced outflows over $150 million, while HyperEVM and Mantle saw additional declines.

Avalanche’s inflows highlight growing liquidity depth and increasing market participation. Since stablecoin inflows often precede heightened trading activity, this shift indicates rising demand relative to Solana in the near term.

Technical Outlook Highlights Bullish Targets on Weekly Chart

CLS Global analysis shows AVAX/USDT forming an upward structure on the weekly timeframe. A fair value gap between $19.173 and $20.382 has emerged as the key zone of interest for long positions.

From this level, potential upside exceeds 70% with mapped targets at $27.415 and $28.763. Higher resistance levels are set at $31.470 and $34.434 if momentum continues.

The outlook remains valid as long as AVAX holds above the $19–$20 zone. However, if the price consolidates below $17, the bullish view would no longer apply.