LINK is now in a downtrend with the $23.83 resistance level as a key level, and sentiment is strengthening as open interest increases and exchange reserves continue to decline.
With the $23.83 resistance level as a key level, LINK may be about to rebound sharply to $30.
LINK's price action remains confined to a falling range, which is characterized by lower highs and lower lows. However, this structure is often associated with bullish breakouts, especially when the price approaches the apex of the wedge.
Therefore, a breakout above the $23.83 resistance level could trigger a surge toward $30 - a level that could attract a lot of interest.
On the downside, a failure to break through the resistance level could lead to further consolidation, delaying the bullish scenario. Therefore, the next few days will be crucial in determining the next direction of LINK.
Market sentiment and liquidations favor a bullish outlook.
Open interest surged 5.42% to $724.59 million, indicating increased participation and confidence among traders. In addition, liquidation data shows that shorts are trading more than longs, suggesting that the market has been leaning toward bullishness.
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Last year in Los Angeles, I bought a house for each of my friends. I wanted to tell you about it during the Chinese New Year, but I didn’t expect a fire to burn it down. #还有山寨季?
Both are needed, but even the omnipotent central bank cannot achieve that. The inability to stabilize the depreciation of the RMB exchange rate is proof of this.
On one hand, the central bank needs to maintain a loose monetary policy, timing interest rate cuts and reserve requirement ratio reductions; on the other hand, the central bank needs to stabilize the exchange rate and cannot allow the RMB to depreciate into a trend. These two are contradictory. If the central bank had unlimited resources, it could indeed balance both. However, the actions of the central bank illustrate that its resources are limited, and it can only focus on one aspect, not both.
Strategies only make sense when resources are limited. If resources were unlimited, it would naturally be both. With limited resources, priorities must be set, and choices must be made. Currently, it seems that the central bank's resources are limited, with a focus on monetary easing rather than strictly maintaining the exchange rate.
The central bank's stance is not about the firmness of its statements, but about actual actions. First, the onshore RMB exchange rate has already approached 7.33, far exceeding the leadership's psychological price, and there is no resistance. Second, the key indicator of the central bank's actions, the one-year foreign exchange swap, has left foreign investment in Chinese government bonds with a risk-free arbitrage of only a few basis points, almost no profit, indicating that the central bank has given up on intervention. Finally, the central bank still needs to be somewhat stern in its rhetoric, warning foreign exchange "speculators," just like it warned bond speculators last time, only to turn around and buy over a trillion in government bonds itself.
Due to the long-term implementation of the one-child policy, the number of potential rescuers in China has decreased rapidly, far exceeding Japan's situation back then. So why do you still expect that after three years of adjustment, Chinese housing prices will stabilize?
Some may say, I know housing prices might fall in the future, but what should I do with all this money if I sell my house?
Should I— Sell my house and invest the money in the big A-shares, which treat investors as the "only premium asset"? Or buy Chinese government bonds or corresponding wealth management products with a yield of only 1.6%, while having to endure fluctuations in their net value?
Of course not.
If you can't enter the US stock market, you can enter the cryptocurrency space. Even if you buy BTC at the current price, it won't let you down. Last year, BTC's increase was 135%. In 2025, not asking for much, a 50% increase would be quite good. As for ETH, it can also be considered; in past years, the first quarter has seen ETH increase by 50%. During corrections, you can enter in batches. Believe in the cryptocurrency space; from its inception, buying BTC has never let anyone down.
Let me tell you about a coin that is much stronger than the market: xrp The daily convergence triangle has been successfully broken The upward relay structure adjustment is over Once the market stops falling and starts to rebound, Ripple's second start will begin Wait for an opportunity and enter the market around 2.45 The next target is 4U
Let me tell you about a coin that is much stronger than the market: xrp The daily convergence triangle has been successfully broken The upward relay structure adjustment is over Once the market stops falling and starts to rebound, Ripple's second start will begin Wait for an opportunity and enter the market around 2.45 The next target is 4U
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A good memory is not as good as a bad pen; do not underestimate every heartfelt effort.
独领风骚必暴富
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Work luck 🧧 has arrived! This weekend's trend is completely a textbook example of the unchanging weekend strategy of the骚哥! If you learned this strategy over the past year! You can face it calmly! 点此直接进骚哥专属聊天室享更多专属福利 $ETH {future}(ETHUSDT) $BTC {future}(BTCUSDT) $SOL {future}(SOLUSDT)
Precise market analysis and operation suggestions on January 13!
Analysis of Bitcoin and Ethereum market! BTC 4-hour candlestick market trend: Resistance level above: around 95545~96860 Support level below: around 91060~92685 ETH 4-hour candlestick market trend: Analysis of resistance level above: around 3310~3386 Support level below: around 3160~3210 Technical analysis: 1️⃣ Bitcoin 4-hour period candlestick volume is decreasing (as of 6:35 AM). The price of the 4-hour candlestick has broken below the middle Bollinger band and is forming a dragon diving pattern, accelerating the price decline. Please do not blindly chase highs; 2️⃣ The Bitcoin large, medium, and small cycle Gubi trend indicators are resonating in a bearish trend (below the daily cycle), continuing to look bearish; short-term operations should short at highs!
#uxlink uxlink has been warned by Brother Hunter No. 10, you see if it is still half dead these days, now 4️⃣h has broken the position, if you hold uxlink, just continue to tough it out and wish yourself good luck, don't be misled by the teachers shouting to get in and take over, because the daily line has gone bad + the weekly line has a clear top distribution pattern showing that the dog fund is cashing out at a high position! It is possible to replicate the old path of the usual retail coins! If there is a rebound that looks decent next, hurry up and get out!
☂️ January 13th Midday Market Insights.☂️ $BTC Insights: The wildfires in California are raging more fiercely, and it's unclear whether they can be extinguished or if they even want to be. Will it affect the cryptocurrency market? The answer is definitely yes. You must remember that regardless of what happens internationally, all consumption is paid for by the crypto market.
Bitcoin has broken through with volume at 94083, with the hourly closing price above 94083, so we chase long positions on the right side and retract the stop loss. At 93860, a volume drop broke through but failed to recover, so we chase short positions on the right side and retract the stop loss. Pay attention to changes in volume. If it pulls back to 92554 with a false breakdown, we can add a light long position, stopping out at the low of the false breakdown. If there is no recovery action, do not go long. ☂️ Bitcoin is not stable above 95261; any rise is just a rebound. Only if it stabilizes above 95261, the key resistance level, can we look at the upper target positions of 96006-96636. Otherwise, everything is off the table. If the 4-hour level breaks 93620, the water below is very deep, directly watch below 92517-91003. ☂️ Above Bitcoin, watch for a 2B false break at 95418 to try a light short position, with a stop loss above 96000. Conservative types should wait for 91573 to go long; if it breaks 91000, you must run. If it can give this position, taking one long position is reasonable! Upper pressure: 94829-95418-96124 Lower small level support: 93692-92586-91429 Looking at the daily level, this little star, are you afraid? Anyway, it's quite scary.
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$ETH Ideas: Ethereum has broken through 3265 with volume, so we chase long positions on the right side and retract the stop loss. At 3235, a volume breakthrough allows us to chase short positions on the right side and retract the stop loss.
If it pulls back to 3156, confirming effective support, we can add a long position, stopping out at 3118. For Ethereum, at the hourly level, if it can't rise above 3302, all rebounds are primarily for shorting. Only if it stabilizes above 3302 can we continue to rise and target above 3357-3389. ☂️ Above Ethereum, pay attention to 3304 to try a light short position, with a stop loss above 3340. Do not hold positions. Left side orders: 3119 long, stopping out at 3190. At the 4-hour level for Ethereum, 3223 has supported several times; if you can hold this time, I will respect you. If 3223 cannot hold, it goes directly down to 3156-3109. Upper pressure: 3304-3359-3385 Lower support: 3221-3192-3115 At the weekly level, Ethereum has formed a bearish engulfing; if there is no major crash, it would not be fair to the bearish engulfing on the weekly. Big moves are on the way, so pay attention to risk, everyone. Meeting adjourned. $BTC #比特币价格走势分析 #还有山寨季? #XRP热度飙升
0.0005 to 0.00053 spot can be a stealth point bome, layer warehouse $BOME the market keeps falling, everyone is numb from the drop, if the counterfeit doesn't run, it will be trapped, but there is still faith, keep it up 2025 {spot}(BOMEUSDT)