The other day we talked about where LINK's cycle is at?

There were 2 people answering, 1 person suggested 4 phases of decline and 1 person suggested 1 accumulation phase. Surely everyone prefers long long short short, right? It seems no one is very interested.

So LINK last time on the M frame, the price missed the distribution phase like previous times: accumulation, growth, then decline immediately, so this could be the price will distribute during the decline or missed the distribution phase, right?

Case 1: distributing during the decline, then after a pullback to the 10-12 bottom, it could be accumulating. After accumulation, it will rise.

Case 2: missing the distribution phase, then the price must be pushed up to distribute everything. Thus the price will also rise, but it cannot rise strongly like after accumulation. In summary, it will still rise.

Worst case scenario: the current accumulation phase turns into a distribution phase and the price continues to drop to 7-6 (this case depends on everyone: they have tried to push the price up very high, the project is transparent, has built a reputation, so will they trample on their own rice bowl, completely destroying trust in that coin?)

In summary: the prediction of an increase has a higher probability, the levels to pay attention to are 20-21 (if case 2) and 25-26 (case 1), oh SL screams in case 3 :)))

What I mentioned above is called a macro perspective. Do not lose this overview first, then think about entering smaller frames to trade, okay guys?