Long time no see, I think it is time for ChainLink (spot) to be worth paying attention to.

From the analysis of K-line, link is now at the bottom of a large cycle box. The decline in early July did not close below the box on the daily line, which has a certain support effect.

From the perspective of the discount price, the current price is already lower than the 60 discount price to a certain extent (the price required to keep MA60 from falling). Now we can continue to observe the price performance of link.

From the Altcoin Season Index or Bitcoin market share, it can also be observed that if a good buying point appears on the altcoin, it is a more suitable opportunity for gambling; but from my personal point of view, I think the bull market of altcoins (February and March this year) has come to an end. If it rises again, it will have to wait until Bitcoin exerts its strength again to transmit to Ethereum and then to altcoins to attract new rises. In my opinion, it is two waves of market.

In terms of link operation, the current price deserves our close attention. If there is an oversold rsi, the price is significantly lower than the discount price (about -50%) or a bottom divergence, it is suitable to build positions in batches. Radicals can now make some bottom positions.

About selling: After a big positive line appears on the daily line, there is a continuous rise. Starting from the first big positive line that caused the continuous positive line, push back 12 K lines, you can partially exit, exit significantly on the 22nd day, and exit all on the 30th day. From the past market summary, most of the rises are 12-22 days, generally not more than 30 days. The above is purely personal opinion sharing, and does not constitute investment advice $LINK