Avalanche and Chainlink Just Printed a Chart Signal Traders Rarely Ignore

Image: Crypto Daily
Three Things to Know An attacker drained about $1 million in USDC from a vault built on Avalanche. AVAX now trades below both of its key moving averages, while LINK still clings to its long-term line. The nearest AVAX floor may decide whether the slide speeds up. An attacker emptied a lending vault on Avalanche on Tuesday evening, security firm Blockaid said. The vault's operators have stayed silent so far. The loss is modest, but it lands on two tokens already sliding for a month. Sellers control momentum on both charts. Traders now want to know which coin cracks support first, and whether LINK's sturdier trend can hold.
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