I missed again.

This morning on the subway I saw that oracle’s string scrolling, and the whole thing was moving—$LINK included, like the plates all took a breath at once.

It only just reached spot at $8.6660, up 4.953% in 24 hours, and the high touched $8.715. In the discussion forum, people are already calling it “back from the dead.”

What’s funny is that spot traded just $21.01M, while the contracts went hard to $131.52M—6.3x.

The funding rate is only at +0.0100%, and positions are still holding at 10,139,589 of the $LINK .

This feels very much like that: everyone says on their mouths that the narrative is warming up, but in their hands they rush to grab seats in the futures.

Last night I even placed an order around $8.208. I woke up to find the order hadn’t filled—the doors were closed though 😅

Tell me: is this time $LINK a resonance of the whole market, or another round where the mouth moves faster than the hand?

$LINK #链上数据 #BinanceSquare