Zooming in on Avalanche, both price and positioning matter here.

Avalanche is steady inside a range, last at 6.526$, but open interest fell -3.32 percent over 24 hours while funding is steeply positive at 10.53 percent annualized. Bulls are paying up, but traders are pulling risk back. Watch the 6.55$ resistance, clear that and this range could resolve higher. Lose support at 6.499$, and the unwind accelerates.