Since March 12th, keen observers have noted a notable phenomenon in AVAX’s Relative Strength Index (RSI) on the one-day timeframe. Despite AVAX prices climbing higher, the RSI has been forming lower highs, signaling a potential bearish divergence. This divergence suggests a looming pullback for the token, prompting investors to tread cautiously in the current market climate.

However, amidst these cautionary signals, the On-Balance Volume (OBV) paints a different picture. Contrary to the RSI’s warning signs, the OBV continues its upward trend alongside AVAX prices, indicating sustained buying pressure. This divergence in indicators complicates the market outlook, leaving investors to weigh the potential risks and rewards of their positions carefully.

Looking towards the south, attention is drawn to the former bearish order block on AVAX’s daily chart, positioned around the $48 mark. This level serves as a crucial demand zone, where market dynamics could shift in favor of buyers. Anticipation builds for a possible move just below this zone, with $46.2 emerging as a likely target amidst market-wide selling pressure and momentum divergences.

Delving deeper into liquidity charts, analysis of liquidation heatmap data from Hyblock provides further insights into potential price targets for AVAX. While the $65.8-$66 region stands out as a bullish target, closer scrutiny reveals that $48.15 and $45.94 are more probable destinations, given their proximity to significant demand zones.

Delving into liquidity charts sourced from Hyblock, analysis indicates intriguing price attractions for AVAX. While the bullish target zone lies within the range of $65.8-$66, closer examination points towards more probable targets at $48.15 and $45.94, owing to their proximity to demand zones.

As cryptocurrency markets remain tethered to the movements of Bitcoin (BTC), any downtrend in BTC prices throughout March could exert further downward pressure on the broader crypto market. Consequently, AVAX investors might find opportune moments to bolster their holdings by awaiting dips below the $50 mark.

Despite short-term fluctuations, the long-term uptrend for AVAX appears resilient, with a significant market structure flip necessitating a drop below $34.83 to manifest bearish signals.

In conclusion, the intricate interplay of technical indicators, liquidity charts, and broader market trends offers investors a multifaceted perspective on AVAX’s trajectory. While caution is advised amidst potential pullbacks, the underlying strength of the long-term uptrend underscores AVAX’s resilience in navigating market dynamics.

As investors navigate through the volatile cryptocurrency market, the looming influence of Bitcoin’s price trends cannot be overlooked. Should BTC prices trend lower in March, the broader crypto market could experience further downward pressure, impacting AVAX’s trajectory. In such a scenario, savvy AVAX investors may opt to wait for a dip below $50 to bolster their holdings, capitalizing on potential buying opportunities amidst market turbulence.

Despite short-term uncertainties, the long-term uptrend for AVAX remains intact, with a pivotal level at $34.83 serving as a critical marker. A decisive drop below this level would signal a bearish shift in the one-day market structure, potentially altering the trajectory of AVAX’s journey.

In conclusion, AVAX’s recent price movements present a complex tapestry of signals and indicators, requiring astute analysis and strategic decision-making from investors. As the cryptocurrency market continues to evolve, staying informed and adaptable is key to navigating the twists and turns of this dynamic landscape.