Layer 1 · rank #29 · blue chip

Avalanche AVAX

$7.84-0.8% 1d+8.4% 7d+21.0% 30d

Amber List Phoenix · weekly · score 55 bullish lean

Monthly: forming bar is a green inside bar. Last confirmed swing low 7.53 (Feb 2026), month 7 of a cycle that has typically run 4. Current low 5.68 is unconfirmed — it confirms above 9.06. Cycle-low confidence 38%.
Weekly: forming bar is a red 2-Up. Last confirmed swing low 6.11 (Aug 2026), week 4 of a cycle that has typically run 5. Cycle-low confidence 25%.
Daily: bar is a red 2-Up. Last confirmed swing low 7.04 (2026-09-02), day 5 of a cycle that has typically run 5. Cycle-low confidence 14%.
Amber List: 78% below the 2025-09-23 high; +38% off the 365-day low.
Phoenix: 91% decline over 27 months, weekly swing low confirmed (late (2 bars)), now +38% above the trough; pullback #2 confirmed 2026-08-23.
Gauges: Mayer multiple 0.97 (cheap); -63% vs the 200-week average; -94% from the all-time high.

From the peak to today, log scale

Where it sits in each cycle

a swing low confirms only when a later bar takes out the low bar's high

stopped falling, by the rules

Score 55

CoinGecko + DefiLlama, pulled 2026-09-07 .xlsx

Health67 / 100 · Sound

Liquidity (24h volume / market cap) can you get out	7.38 %	15.0 / 15
Supply overhang (FDV / market cap) unlocked supply waiting to sell	1.07 x	14.4 / 15
Size (market-cap rank) survivorship	29 #	12 / 15
Usage (price / annualized fees) fees people actually pay to use it (DefiLlama)	2646.0 x	0 / 20
TVL backing (market cap / TVL) capital parked in it (DefiLlama)	6.69 x	5.5 / 15
Fee momentum (30d vs prior 30d) is usage growing into the recovery	66.2 %	10.0 / 10
Age on Coinbase survived a cycle	4.9 yrs	10.0 / 10

7 of 7 measurable; score renormalized over what was measurable.