Bitcoin's retest of the Golden Cross and the anticipation of a potential recovery to $114,000, coupled with BNB achieving a new all-time high (ATH), suggest positive sentiment extending to the altcoin market, including AVAX. The market crash is viewed as a temporary event with limited impact on long-term fundamentals. While technical indicators remain neutral, the overall market outlook maintains a cautiously bullish bias, expecting a recovery trend.

・Bitcoin Retests Golden Cross, Analysts Predict Bull Run Based on Historical Patterns Past Bitcoin golden crosses have preceded significant price surges of 2,200% and 1,190%. Currently trading near $110,000, Bitcoin could potentially trigger further parabolic gains if it sustains this level. This would positively impact the broader altcoin market, including AVAX, boosting investor sentiment. ・Despite Market Crash, Bitcoin Targets Liquidity Capture at $114,000 Despite a massive $19 billion liquidation event on Friday, traders are betting on a Bitcoin price rebound next week. The potential to capture liquidity towards $114,000 suggests the market is recovering from the short-term shock. Bitcoin's resilience offers reassurance to the altcoin market, including AVAX, heightening recovery expectations. ・BNB Hits New All-Time High, Hailed as "Most Undervalued Blue Chip" by CEO BNB reaching a new all-time high above $1,300 signifies growing market recognition of the network's reliability and fundamentals. This success could increase interest in Layer 1 solutions beyond Ethereum, indirectly benefiting competing projects like AVAX. ・Market Crash Has "No Impact on Long-Term Fundamentals," Say Analysts Analysts attribute Friday's sudden market crash to short-term factors like excessive leverage and President Trump's tariffs on China, stating it does not indicate a long-term bear market or deteriorating fundamentals. This perspective fosters confidence in market resilience, laying the groundwork for projects like AVAX to recover from short-term price volatility. ・Crypto Traders Blame Trump Tariffs Seeking a "Single Event": Santiment While some crypto traders are blaming President Trump's tariffs on China for the market drop, Santiment points out this is typical "rationalization" behavior, suggesting the downturn stems from deeper causes. This highlights the need for comprehensive analysis beyond simple external factors, indicating that AVAX's impact should be assessed considering both broader market dynamics and project-specific fundamentals. ・Zcash Recovers to Pre-Crash Highs Post-Market Plunge Although Zcash experienced a significant temporary drop during Friday's market crash, it recovered to its pre-crash highs by Saturday. This serves as a positive sign, suggesting the potential for the broader market to rebound from the shock. Zcash's resilience implies that other altcoins, like AVAX, may follow suit if market sentiment improves. ・Market Crash Highly Likely "Start of Crypto Bull Run," Say Traders Some traders believe Friday's sharp market decline is highly likely the beginning of a bull run, indicating a perspective that the market is poised for further gains after a short-term correction. This optimism could foster positive sentiment across the altcoin market, including AVAX, potentially stimulating investment. ・100,000 BTC Whale on-Chain Linked to Former BitForex CEO On-chain investigation has linked a Hyperliquid whale holding 100,000 BTC to Garrett Jin, the former CEO of BitForex, amidst allegations of a fraud scandal. Information concerning such significant holders can raise concerns about market transparency and credibility. Similarly, the actions of large holders in the AVAX market warrant attention as they can influence prices. ・Overall Summary The market is showing signs of recovery from the short-term shock induced by Friday's massive liquidation event and President Trump's China tariffs. Bitcoin is retesting a golden cross, reminiscent of past bull runs, with analysts deeming the impact on long-term fundamentals limited. While these factors are fostering positive sentiment and recovery hopes across the altcoin market, including AVAX, concerns regarding market transparency, particularly concerning the activities of large holders, persist.

On-chain whale activity, particularly movements linked to the former BitForex CEO, may trigger FUD (Fear, Uncertainty, and Doubt) stemming from concerns regarding market transparency. Furthermore, unforeseen macroeconomic news or geopolitical risks can exacerbate overall market volatility. The immediate short-term support level is situated near the recent low of $21. Breaching this level could expose the market to additional downside risk.

For the short term (24-48 hours), we anticipate either consolidation or a gradual upward trend, depending on the outcome of Bitcoin's golden cross retest. In the medium term (1 week), AVAX may experience increased upward pressure driven by positive sentiment, provided the broader market recovery trend is sustained. Key catalysts include Bitcoin's continued strength and developments within the AVAX ecosystem.

The market is showing signs of recovery from the short-term shock of Friday's liquidation event and the tariff announcement, potentially benefiting AVAX as well. The retest of Bitcoin's golden cross is fueling expectations for a bull run, with the prevailing view holding that its impact on long-term fundamentals will be limited. However, technical indicators have yet to signal a clear direction, and price action continues to consolidate within neutral territory. Therefore, the current market bias is assessed as neutral to cautiously bullish. For investors, the recommended action plan involves buying on dips within the $20-$21 support zone or initiating a long position on a confirmed $25 breakout. Take-profit targets are set at $28-$30 for the short term, aiming for levels above $31 in the mid-term. Implement stop-losses below $20 to ensure disciplined risk management. Key focus points this week include the confirmation of Bitcoin's golden cross and positive news emerging from the AVAX ecosystem. Monitoring the activity of large holders and changes in overall market sentiment remain crucial. Success during this period hinges on maintaining a long-term perspective and disciplined risk management, rather than reacting to short-term price volatility. As the market demonstrates recovery signs, appropriate strategies and rational decision-making will enable investors to capitalize on emerging opportunities.