币界网报道：Avalanche (AVAX) is encountering significant resistance at the $22 price level, struggling to break through amid a broader market downturn that has seen the token drop 25% over the past month. Despite recent efforts to bolster its ecosystem—including partnerships and developer incentives—AVAX has failed to sustain upward momentum, reflecting broader bearish sentiment in the crypto market. Analysts attribute the decline to macroeconomic uncertainties, including inflation concerns and tightening monetary policies, which have dampened investor appetite for risk assets. Technical indicators suggest that if AVAX fails to hold support near $18, further downside toward $15 could be possible. Meanwhile, the Avalanche network continues to see steady activity, with decentralized applications (dApps) and decentralized finance (DeFi) protocols maintaining user engagement. However, trading volumes have tapered off compared to earlier in the year, signaling reduced speculative interest. Some market observers remain cautiously optimistic, pointing to Avalanche’s strong fundamentals and upcoming upgrades as potential catalysts for a rebound. Nonetheless, in the short term, AVAX’s price action appears heavily influenced by broader market trends rather than project-specific developments. Traders are closely watching Bitcoin’s performance, as a sustained recovery in BTC could provide relief for altcoins like AVAX. Until then, the $22 resistance level remains a critical hurdle for any meaningful price recovery.