Avalanche (AVAX) Faces Potential 60% Price Correction Amid Bearish Patterns and Major Sell-Offs

Avalanche (AVAX) has recently experienced a significant downturn, hitting its lowest point in six months. Over the past month, AVAX has declined by 25%, with a 14.7% drop in just the past week and a further 0.3% decrease in the last 24 hours. The current trading price for AVAX now stands at $24.23, indicating a