AVAX has started to gain momentum, showcasing a promising rounding bottom pattern that signals a bullish breakout. As prices inch closer to the psychological $50 mark, many traders believe the next stop could be $70. Market participants are excited about the potential of this breakout rally, driving more buyers to engage in trading AVAX. With a positive trend emerging, the ongoing buying momentum might just push prices to reach new 52-week highs. This development reflects a broader trend of increasing interest in AVAX from both retail and institutional investors. The current surge suggests that AVAX could play a significant role in the future of the cryptocurrency market. However, traders should remain cautious as market dynamics can change rapidly, necessitating strategic planning in their investment choices.