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Altcoins Cardano and Avalanche poised for double-digit correction :
Cardano’s price continues to trade down on Wednesday, correcting nearly 7% so far this week.
Avalanche’s price also edges down on Wednesday, continuing its pullback by more than 8% this week.
ADA and AVAX’s long-to-short ratios are below one, suggesting that more traders are betting on the asset prices to fall.