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I've been watching AVAX's 15-minute chart lately—the price movement is as flat as a straightened rope, clearly showing signs of heavy market maker control. Previously, when observing its 4-hour chart, I noticed a pattern: long periods of narrow-range consolidation, occasionally some fake breakdowns to shake out weak hands, but the price quickly bounces back, then continues a slow, steady climb like boiling a frog in warm water.
I'm still holding my position mainly because of the ETF catalyst. If the positive news gets realized and AVAX can replicate LINK's recent explosive rally, I'll most likely take profits. After all, with coins that are tightly controlled like this, the main players usually unload their positions faster than anyone else.