ETH's strong rise, DEFI across the board is increasing, in the next month ETH is expected to lead the market;

DEFI has always been the engine of the bull market, the market in November belongs to a widespread rally, as funds are abundant, most coins have made price corrections;

Entering a new phase, ETH is expected to lead the market upward; the ETH/BTC exchange rate has been in a long-term decline, but recently has shown signs of reversal, and is expected to outperform BTC in the future, leading the altcoin market;

The DEFI sector will continue to be strong, the main subcategories of DEFI are as follows:

Exchanges: UNI; SUSHI;

Lending: AAVE; COMP;

Derivatives: SNX; DYDX

Oracles: LINK

AAVE and LINK have seen a big breakout today; analyzing the opportunities with LINK as an example

Recently, many institutions and smart money entities have built positions; especially the Trump family project increasing positions in AAVE and LINK, stimulating the rise

Looking at LINK, it shows a value coin trend, in the last bull market after being listed on Binance, it achieved a hundredfold increase, and the bear market drop was relatively small, with a clear bottoming structure

Looking at the monthly chart, it shows an upward three-wave movement, with more space above

Looking at the weekly chart, last week saw a volume breakout above the previous high, and this week it has pulled back without breaking that level, forming an effective breakout

The mid to long-term target is around 40; the nearest resistance is around 32

If there is a pullback, positions can be built in batches, with the buying range between 23-26

#DeFi全线飙升 $LINK