This morning I finished going through the charts and organized my thoughts.
Everyone seems to believe that BTC will continue to fall, especially considering that it failed to hold the $65,000 support level. But I think this view overlooks an important piece of evidence: BTC’s price has already rebounded from $63,806.27 to $64,080.33, which indicates that there is still buying demand.
I also noticed that ETH’s price is declining as well. Its current price is $1,877.37, but its 24-hour volatility is -2.52%, which may be because the market is worried about the SEC’s regulatory policies.
In this situation, I think LINK’s price performance is relatively better. Its current price is $8.4700, and its 24-hour gain is 3.08%, which may be because its on-chain data is performing well.
My positions are bullish on LINK, and I’m flat on BTC and ETH, because I believe LINK has greater upside potential, while BTC and ETH may continue to decline.
$LINK #看多 #比特币 #以太坊 💰
Everyone seems to believe that BTC will continue to fall, especially considering that it failed to hold the $65,000 support level. But I think this view overlooks an important piece of evidence: BTC’s price has already rebounded from $63,806.27 to $64,080.33, which indicates that there is still buying demand.
I also noticed that ETH’s price is declining as well. Its current price is $1,877.37, but its 24-hour volatility is -2.52%, which may be because the market is worried about the SEC’s regulatory policies.
In this situation, I think LINK’s price performance is relatively better. Its current price is $8.4700, and its 24-hour gain is 3.08%, which may be because its on-chain data is performing well.
My positions are bullish on LINK, and I’m flat on BTC and ETH, because I believe LINK has greater upside potential, while BTC and ETH may continue to decline.
$LINK #看多 #比特币 #以太坊 💰