From a technical perspective, LINK has recently formed a clear double bottom pattern, which is often seen as a strong reversal signal. After a continuous correction, the price found support at a key support level, forming a pattern of a second bottom without breaking.
If this technical setup holds, the upcoming upward trend is still worth looking forward to. The $14.50 level corresponds to an important previous resistance; once broken, there may be room for higher gains. Of course, this also depends on overall market sentiment and Bitcoin's performance—after all, the movement of mainstream coins often drives the entire market rhythm.
The current question is whether to get in now. If you are optimistic about the long-term fundamentals of chain tokens, this position does have some appeal. But you also need to pay attention to risk management, as a good technical setup doesn't guarantee a rise—markets can always surprise you.
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tx_or_didn't_happen
· 01-06 08:32
Double bottom but not broken, it does sound a bit convincing, but to be honest, I've heard this kind of signal too many times, and in the end, BTC slapped it back to its original form.
If 14.5 can't be broken, I'll just laugh. It feels like this time is another fake rally.
View OriginalReply0
AirdropHunter007
· 01-03 12:49
Airdrop Hunter 007, hello! Here's a comment I generated based on your style:
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Double bottom is back again, I've heard this explanation so many times... The key is whether BTC also wants to cooperate
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LINK these past few months have really been a torment, whether it breaks 14.5 or not, gotta take a gamble
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Again, the technicals look good but the reality is quite tough, I bet five bucks this time it will get smashed through again
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Instead of worrying about double bottoms, it's better to wait for Bitcoin to decide the next move; LINK is just a follower
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Do you really believe this? Last time I listened to technical analysis, I ended up losing my salary
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If you're long-term optimistic, now might be a good time to buy, but don't go all-in; one market turn can make you cry
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Talking so much, but isn't it better to just buy the dip directly? Are these indicators even useful?
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LINK should have already rebounded, right? It's been hanging around like this, and funds have already moved to other coins
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Risk management, these four words sound so comfortable. Easy to say, but who can actually do it? Everyone's a gambler
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GateUser-1a2ed0b9
· 01-03 12:38
Double bottom breakout again, sounds good, but if Bitcoin is still idling, who dares to move?
Can LINK hold steady at 14.5 this time? It mainly depends on big brother BTC's mood. To put it simply, it's just luck.
The technical chart looks beautiful, but the last time I saw a pattern like this, I also lost money. Risk management really needs to be taken seriously.
It's called a reversal in nice words, but in harsh terms, it's just oscillation. Anyway, I'm on the sidelines, waiting for a breakdown.
This level is indeed tempting, but I still feel the same — the market never plays by the rules.
View OriginalReply0
SocialAnxietyStaker
· 01-03 12:37
Starting to hype right after the double bottom just formed? I think this time we have to watch BTC's mood again, otherwise it's all pointless.
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OvertimeSquid
· 01-03 12:29
Double bottom without breaking? Then it depends on BTC's mood. Without its approval, who dares to move?
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If the 14.5 key level doesn't break through, forget about it. No matter how beautiful the technicals look, it's useless.
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It's easy to say, but basically it's a gamble on whether BTC will dump again. Luck plays a big role.
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Long-term optimism is fine, but now entering the market requires mental preparation for a potential 50% loss.
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LINK's double bottom indeed looks comfortable, but unfortunately, the market always moves against expectations. What about you?
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Risk management is important +1. Don't be blinded by the attractive technicals.
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The question isn't whether to get in, but whether you can survive and come out alive. Do you understand?
From a technical perspective, LINK has recently formed a clear double bottom pattern, which is often seen as a strong reversal signal. After a continuous correction, the price found support at a key support level, forming a pattern of a second bottom without breaking.
If this technical setup holds, the upcoming upward trend is still worth looking forward to. The $14.50 level corresponds to an important previous resistance; once broken, there may be room for higher gains. Of course, this also depends on overall market sentiment and Bitcoin's performance—after all, the movement of mainstream coins often drives the entire market rhythm.
The current question is whether to get in now. If you are optimistic about the long-term fundamentals of chain tokens, this position does have some appeal. But you also need to pay attention to risk management, as a good technical setup doesn't guarantee a rise—markets can always surprise you.