BOSS Wallet data source, ChainLink today's market news, latest LINK price: $25.24, 24-hour increase 35.19%, trading volume $7.931 billion

By studying the K-line chart, it is currently in a consolidation trend. Compared to 17:00, it has risen significantly, recovered compared to 11:00, and decreased compared to 13:00. The simultaneous rise in price and trading volume is a sign of strong market buying interest, indicating that buyers are willing to make large transactions at higher prices, reflecting optimistic market sentiment and strong bullish sentiment.
In this situation, the price is expected to continue rising due to strong market momentum and continuous increase in buying interest. It is advised for investors to pay attention to the breakthrough of key resistance levels. If the price can continue to break through and stabilize at a higher level, it will confirm the continuation of the upward trend.
Overbought condition, active market, strong upward momentum. According to the Williams indicator, it is currently in an overbought state. Recently, trading volume has increased, with volume rising compared to the previous few hours, and price and trading volume are both rising: trading is active, and upward momentum is strong.

Strong market buying interest, the upward trend is expected to continue, short-term investors are advised to appropriately increase their positions and wait for a rebound.

The above content is for reference only and does not constitute investment advice.