AVAX Price Dips: A Potential Buying Opportunity Amidst Short-Term Volatility?

The Avalanche (AVAX) price experienced a notable drop of 9% this past week, falling to $22.78 after a brief but significant surge in recent trading. While the decline represents a short-term downturn, it’s important to note that AVAX remains up 37.8% year-to-date. Monthly gains are more modest at 3.5%, indicating a potentially bullish trend with some volatility.