Crypto analyst Benjamin Cowen says that an Ethereum rival is flashing major strength as Bitcoin slips from its all-time high. In the latest YouTube video, Cowen tells his 576,000 subscribers that AVAX, the native token of the smart contract platform Avalanche, is “weathering the storm well.” Cowen claims that AVAX is trading well above both its 20-week simple moving average (SMA) and 21-week exponential moving average (EMA). After combining both the metrics, Cowen refers to it as a “bull market support band.”