🔥🔥Why $LINK is one of the altcoin leaders worth paying attention to
In the last issue, we talked about LINK, this altcoin leader that many fans are already familiar with. It is a decentralized oracle network that connects blockchain with external data. Smart contracts cannot access the internet, and LINK is responsible for securely delivering off-chain data to on-chain, solving this significant problem.
LINK's strengths lie in its decentralized architecture, on-chain and off-chain collaboration, and its powerful ecosystem integration capabilities. It serves not only Ethereum but also promotes the implementation of enterprise-grade blockchains through technological upgrades and business collaborations. LINK tokens are used within the ecosystem to pay for services, serve as collateral, and participate in governance, making its economic model very complete.
LINK's daily chart shows stability, with golden crosses in moving averages and MACD blooming above the zero axis, indicating a clear bullish control. Short-term, it can be optimistic about 37U; once it breaks through, the space will be fully opened.
Although there has been a pullback in funding on the four-hour chart, the overall bullish trend is still strong, with bullish control and continuous inflow of funds. Recently, several large addresses swept up 580,000 LINK tokens in one go, worth over 13 million dollars, indicating a significant potential for market speculation in the future.
Moreover, LINK has recently broken through 23 dollars and 24.5 dollars consecutively, with increases exceeding 7%, and the funding sentiment is clearly high. Overall, whether on the daily or four-hour chart, LINK is performing strongly, and funds are recognizing its future potential.
If you find Sister Yu's analysis valuable, remember to follow! In the next issue, I will delve into the potential and layout strategies of LINK, while continuing to observe the market to help everyone enter steadily and seize future opportunities!
