In the recent trend, the performance of $LINK has been relatively strong. Although it followed the market decline today, it did not fall even to half of the previous large bullish candle on the daily level, just enough to fill the gap left earlier, and overall remains steady within the rising channel. Once the market stabilizes and warms up, LINK is likely to rebound first, aiming directly at the previous high resistance level of 27 dollars.
On the fundamental side, Chainlink has launched LINK Reserve. Simply put, it uses Payment Abstraction to continuously buy LINK with on-chain service fees and off-chain profits from large enterprises (like banks), and will not sell them for several years. This is essentially a transparent and long-term sustainable 'buyback' mechanism that the entire market can monitor in real-time.
Previously, LINK's price remained sluggish for a long time, mainly due to two reasons: first, the annual inflation rate reached 15%, and second, business revenue did not directly empower the coin price. Now things are different; Chainlink's Oracle business has already accumulated hundreds of millions of dollars in earnings, and this 'empowerment button' has been pressed.
Continuous buying pressure can be expected in the future; I will continue to be optimistic about LINK in the medium to long term, with a target set above 50 dollars.
#加密市场回调 #主流币轮动上涨 #比特币财库公司增持策略
On the fundamental side, Chainlink has launched LINK Reserve. Simply put, it uses Payment Abstraction to continuously buy LINK with on-chain service fees and off-chain profits from large enterprises (like banks), and will not sell them for several years. This is essentially a transparent and long-term sustainable 'buyback' mechanism that the entire market can monitor in real-time.
Previously, LINK's price remained sluggish for a long time, mainly due to two reasons: first, the annual inflation rate reached 15%, and second, business revenue did not directly empower the coin price. Now things are different; Chainlink's Oracle business has already accumulated hundreds of millions of dollars in earnings, and this 'empowerment button' has been pressed.
Continuous buying pressure can be expected in the future; I will continue to be optimistic about LINK in the medium to long term, with a target set above 50 dollars.
#加密市场回调 #主流币轮动上涨 #比特币财库公司增持策略
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
LINK
23.99
-3.92%
