AVAX rallies 12% but faces structural test on charts
Avalanche (AVAX)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that Avalanche [AVAX] has shown clear bullish tendencies, posting a double-digit percentage surge with over 12% gains in its most recent daily swing. However, the outlet notes that the rally remains questionable regarding its sustainability. The publication highlights that the uptrend must pass a specific 'structural test' on the charts to confirm whether the buying pressure can hold.
How the market reacted
Whalio's own Binance spot order flow for AVAX, measured when this story was written up on 20 September 2026. Not the outlet's figures.
Whalio spot data shows AVAX trading at $10.09 with a 24-hour buy ratio of 48.6%, indicating that buying and selling pressure are nearly balanced. The 1-hour buy ratio is lower at 47.9%, while the 4-hour ratio sits at 49.7%, suggesting that short-term momentum is slightly weaker than the broader daily trend. Volume Delta is negative across all timeframes, with -$200,249 in the last hour and -$71,469 over four hours, meaning sellers are executing larger trades than buyers. Over 24 hours, the Volume Delta is -$2,371,995, confirming that net selling pressure has dominated the day. The Cumulative Volume Delta (CVD) closed at -$2,571,801, showing that despite the price rise, aggressive selling has outweighed buying activity.
The latest daily buy ratio of 49.4% sits at the 51st percentile of the last 324 days, against a median of 49.3% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for AVAX, averaged over the days leading up to the story.
Compared to the preceding week, today's activity is notable for its volume, which is 4.25 times the 7-day average. The 24-hour buy ratio of 48.6% is 1.4 points higher than the weekly average of 47.1%, showing a marginal increase in buying intent. However, net buying occurred on only 1 of the last 7 days, indicating that sustained accumulation is rare. The total Volume Delta for the 8-day period was -$8,850,233, consistent with the daily trend of net selling. This volume spike on a day with minimal net buying suggests a distribution phase rather than strong conviction buying.