BOSS Wallet data source, ChainLink today's market news, latest LINK price: $25.96, 24-hour increase of 6.132%, trading volume $1.377 billion

The analysis of the candlestick chart indicates that we are currently in a consolidation trend. Compared to the significant drop at 19:00, it has rebounded from 12:00 and decreased from 13:00. The simultaneous rise in price and trading volume usually points to strong buying support in the market.
Buyers are making large transactions at higher price levels, indicating an optimistic market sentiment and strong bullish sentiment. In this context, future prices may continue to rise as market momentum remains strong and buying continues to flow in.
Investors should focus on the breakthrough of key resistance levels. If the price can consistently break through and stabilize at a higher position, it signifies the continuation of an upward trend. The rising trading volume coincides with the increase in price. According to the Williams indicator, the current state is neither overbought nor oversold.
Recently, trading volume has increased, with volume rising compared to the previous hours, and both price and trading volume are increasing: trading is active, and upward momentum is strong.
The market's upward momentum is strong, and it is advisable to continue monitoring. If it breaks through key resistance levels, consider following up.

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