Recently, the crypto market has been bustling, from the rebound of Ethereum (#ETH ), to the strong recovery of Chainlink (#Chainlink ), and the whale accumulation of Cardano (#ADA ), the entire market is quietly brewing a bullish trend. Let’s sort out the current hotspots and see which coins might become the next focus.#名人MEME热潮
Chainlink: Is a breakthrough of key resistance imminent?
In the past 24 hours, Chainlink (LINK) has once again become the market focus. After hitting a six-month high of $26.76 on Monday, LINK quickly regained the $24.50–25 range after a brief pullback, even briefly touching $26.50 on Wednesday morning. This surge has made LINK the second-best performer among the top 100 cryptocurrencies, with a 24-hour increase of over 10% 🌟.
Analysts point out that the number of LINK addresses is also rising — analysis firm Santiment reports that nearly 9,600 new LINK wallets were added in mid-August, with daily transfer volumes of active addresses exceeding 9,800 times, all setting new records for 2025.
On August 18 alone, nearly 3,000 new addresses were added, reaching a five-month high. This shows that market interest in Chainlink is recovering, while market participants are cautiously positioning themselves in preparation for a possible breakthrough.
Technically, Chainlink is attempting to reclaim the key range low of $23.86 to $34. If it can hold above $23.86, it will lay the foundation for the next surge toward the upper range of $30–34; conversely, falling below this support could lead to a short-term pullback toward around $19.41.
Analyst Altcoin Sherpa also pointed out that if Bitcoin can stabilize key support, LINK is likely to directly challenge the $30 mark; otherwise, it may face pressure again.
Overall, Chainlink's short-term trend will be affected by BTC performance and key resistance areas, as the market awaits a clear signal for a breakout or pullback 🔥.
ADA: Whales entering the market may lead to a price explosion
In addition to Chainlink, Cardano (ADA) also received significant news — whales increased their holdings by 100 million ADA in the past 24 hours, raising the total holding to about 18.65 billion coins.
Analyst Javon Marks stated that this concentrated accumulation pattern historically often predicts a subsequent price increase, with a potential surge to $8, representing an increase of up to 740% 😲.
Recently, ADA's price has fluctuated between $0.86 and $0.88, while whales have continued to enter at low levels, providing support for the market.
Derivatives data shows that ADA futures open interest has decreased by 4% to $1.61 billion, with trading volume down 18% to $5.27 billion. Nonetheless, the financing rate has turned positive at 0.0072%, indicating that bullish sentiment is warming up.
In addition, institutional investors have also begun to pay attention to ADA — Grayscale has established an ADA trust fund in Delaware, sparking market expectations for future spot ETFs.
Overall, ADA possesses technical support, whale entry, and institutional interest, indicating a strong possibility of maintaining upward momentum in the short term 📈.
Bull market potential targets revealed after interest rate cuts
In terms of macro background, as expectations for interest rate cuts rise, the cost of capital in the market decreases, bringing new opportunities for altcoins. Active investors in the community have already begun positioning themselves in several quality targets, including ETH, LINK, AAVE, UNI, SOL, ENA, etc.
ETH: After a pullback, it has steadily rebounded, with both the daily and weekly charts showing an upward trend, and market attention remains high.
SOL: After a long-term oscillation, a technical breakout has occurred, with a golden cross signal on the daily chart and an upward trend on the weekly and monthly charts. Patience in holding positions may bring profit.
ADA: With whales accumulating and favorable funding conditions, a rapid increase may be expected in the short term.
Flock/ENA: Newly listed exchanges, continuously expanding cooperative ecosystems, with huge market potential.
Investors generally believe that the improvement in market liquidity after interest rate cuts will make these quality altcoins the focus of capital pursuit again. In the short term, the strategy of buying on dips will prevail, and when the ETH or BTC upward cycles stabilize, market attention is likely to return to potential targets like SOL and ADA 🔥.
Investment strategy and risk warning
Overall, the current market presents a ‘hotspot rotation + capital concentration’ characteristic:
Pay attention to key support and resistance: LINK around $23.86 and $30, ADA in the $0.86–0.88 range.
Monitor BTC and ETH trends: Stabilization of mainstream coins will drive a rebound in altcoins.
Capital entry signal: Whales accumulating coins and futures funding rates turning positive can serve as references, but are not absolute buy signals.
Short-term volatility should not be overlooked: Although the overall trend is bullish, the market may still experience rapid pullbacks, so be cautious with position control ⚠️.
In summary, whether you are a Chainlink fan, a Cardano supporter, or a pursuer of promising altcoins, now is the best time to closely monitor key price ranges and plan strategies in advance. The bullish atmosphere is forming, and the market is gradually recovering; patience and a sense of rhythm will become the key to investors' success ✨.
From LINK's strong return to ADA whales accumulating coins, to multiple promising altcoins being positioned, the market is quietly brewing a new bull market. Short-term opportunities and medium-to-long-term potential coexist, and smart investors are seizing the rhythm to prepare for the next wave of increases.
The cryptocurrency market changes rapidly, presenting both opportunities and risks. Learning to strategically enter and exit the market, while protecting the principal, is essential for steady progress and wealth accumulation. ✍️ Remember to DYOR, manage risks well, and I wish everyone smooth sailing in the crypto space! 🌊
Many understand the trend, but few follow the right rhythm.
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In the current market environment, short-term operations are indeed necessary. If you wait for spot prices to rebound, you may feel the agony of time. I have also recently been fully engaged in secondary short-term and primary dog coin operations, yielding good results. Friends who want to follow can privately contact me!
