CPI Data Drops, LINK Bulls Gather, Breakthrough Imminent?
As the CPI data lands as the market expected, short-term demand surges, driving prices to rebound across the board. The trend of Chainlink (LINK) is undoubtedly the focal point.
From the market perspective, LINK is forming a strong structure of 'higher lows', with bullish momentum quietly building. The key now is whether the price can break through the short-term descending trend line at $23; once that breakthrough is achieved, the bullish trend will be firmly established, likely initiating a new round of upward momentum.
For LINK, this strong rebound may not only be a technical phenomenon but closely related to the continuously growing ecological demand behind it. A breakthrough is merely a matter of time, but whether it can outperform the market depends on your willingness to take the plunge.
The hunter will help you see through the essence of the market; the next train is coming, are you ready to board?