- Avalanche pushes recovery – AVAX trades near $29.60, posting strong 90-day gains of 54.59% despite a -17% yearly slip.
- Chainlink shows resilience – LINK holds 110.79% yearly growth, though short-term selling dragged prices to $24.20 after recent highs.
- Hedera shines long-term – HBAR records a massive 359% yearly surge, but volatility and a -42% all-time decline remain clear risks.
Altcoins moved in different directions as Avalanche, Chainlink, and Hedera showed contrasting performances across daily and longer-term timeframes. Trading activity reflected volatility, but liquidity levels and long/short positioning highlighted the strength of ongoing participation. The divergence underscores selective momentum shaping market sentiment across major projects.
Avalanche Attempts Recovery
Avalanche traded at $29.60, marking a daily decline of 0.07% after briefly crossing above $30 earlier in the session. Despite the slight dip, AVAX advanced 21.19% over the past week, showing renewed short-term momentum. Over 90 days, gains reached 54.59%, reinforcing recovery after months of pressure.
Source: Coinglass
The long/short ratio on Binance stands at 3.53, showing stronger positioning compared to OKX at 1.67. Such positioning highlights confidence from leveraged traders in Avalanche’s near-term trajectory. However, its year-to-date performance remains negative at -17.21%, reflecting persistent recovery challenges.
Over one year, AVAX gained 18.42%, while its all-time performance rose 540.45%. These figures indicate long-term resilience despite recent setbacks. Momentum remains favorable, yet the path forward will require sustained liquidity and stability above key resistance zones.
Chainlink Faces Pressure
Chainlink closed at $24.20, slipping 2.35% during the day after earlier attempts to sustain higher levels failed. The decline reflects immediate selling pressure, contrasting with its strong mid-term growth profile. Despite the setback, LINK maintained an 8.78% weekly gain, signaling underlying strength.
Source: Coinglass
Over 90 days, LINK surged 81.65%, while its yearly performance stands at 110.79%, proving strong accumulation over the mid-term horizon. The long/short ratio supports this sentiment, with Binance accounts showing 2.63 and top traders positioned at 3.72. These numbers highlight sustained bullish conviction despite daily pullbacks.
Chainlink’s long-term trajectory remains positive, but near-term volatility will likely define its ability to consolidate higher levels. Price resilience around current zones may provide a base for recovery. Continued liquidity inflows could support attempts to retest recent highs.
Hedera Consolidates After Gains
Hedera traded at $0.241, slipping 1.73% over the past day after touching intraday highs near $0.245. Despite the short-term decline, the token maintained a 12.12% gain over the week. Longer-term performance continues to highlight notable strength.
Source: Coinglass
HBAR advanced 55.69% over 90 days and 25.57% across 180 days, reflecting growing accumulation. Over one year, performance surged by 359.39%, but its all-time performance remains negative at -42.15%. This contrast shows long-term volatility alongside renewed yearly growth.
Long/short ratios remain balanced, with Binance accounts at 1.93, indicating a moderate bullish bias. Market positioning suggests consolidation will continue before stronger directional moves emerge. The token’s yearly surge shows resilience, but its broader volatility remains evident.
Overall Outlook
Avalanche continues to push for recovery, Chainlink sustains strong mid-term gains despite near-term selling, and Hedera consolidates after steep yearly growth. The diverging trajectories reflect selective momentum across the altcoin market. Strong liquidity and trader positioning remain central to the unfolding outlook.
