I am Zhou Yi. Today, while monitoring the market, I found that LINK's trend is quite interesting, especially in light of the recent news — a new wallet has withdrawn nearly 500,000 LINK from Binance in just two days, worth over 5 million USD! Is a big player quietly accumulating, or are they preparing to make a move? Let's analyze this together.
First, let's look at the market.
Currently, LINK's 4-hour chart is still in an overall uptrend, but there is clear pressure above: 13 USD is a barrier, and further up, 13.7 is strong pressure. What about below? 12.5 is short-term support, and if it breaks, it could test 12, or even 11.5's strong support. The MACD is still slowly moving below the zero axis, indicating that momentum has not fully exploded yet, but green bars have appeared, and volume is increasing, which is a good sign.
So the question is: can this wave break through 13? My view is—there's potential, but it won't happen overnight. Especially in the 13–13.7 range, there's heavy resistance. Without strong positive news, it's likely to see a pullback after a rise. So if you have positions, consider trimming a portion around this level and re-enter during a pullback.
Talking about that 'new wallet withdrawal' news again
Many people get excited seeing 'large investors buying', thinking the price will surge immediately. But don't rush—large investors buying doesn't necessarily mean an immediate pump; it could be gradual accumulation. The key point is that this sends a signal: someone believes in LINK's medium- to long-term outlook and is collecting tokens at lower levels. For retail investors, this is a reference point—don't easily give up your holdings at low prices.
In the short term, LINK is still choosing its direction. The resistance above 13 is significant, while support at 12.5 is critical. Although there are positive news catalysts, the technical picture hasn't fully strengthened yet. At this stage, patience matters more than action.
So how should we act now? Remember these points:
If it breaks above and holds above 13, the next target is 13.7, but don't be greedy—learn to take profits near resistance levels.
If it drops back below 12.5, observe whether it can hold. If it can't hold, it might fall to 12 or even 11.5, which could actually be a chance to gradually accumulate.
Never go all-in at once; enter in stages to keep your mindset stable.
I'm Zhouyi. Every day I look for subtle clues in the market to help you avoid pitfalls and catch opportunities. If you often feel lost in direction or unsure about entry and exit points, feel free to follow me. In the coming days, LINK is likely to reveal a clear direction—I'll give early warnings in my real-time analysis. If you don't want to miss it, keep up with the rhythm.#LINK $LINK
