#美国消费者物价指数发布在即 【$LINK Shows a Constructive Buying Signal at the Bottom Area】



The recent movement of $LINK has been quite interesting. The price is near the bottom support, and early signs of buying have already appeared. Based on the reaction at the ascending support level, the bulls are indeed trying to gain momentum.

The key is how it performs next. If it can hold this support, then the downward resistance line above becomes the next testing point.

From a technical pattern perspective, a broad descending structure is gradually contracting, eventually evolving into a bottom wedge—this kind of convergence often indicates a change. The bullish technical bias has already started to show, but a true confirmation requires a breakout.

To summarize a few key points:
- The support below is an upward trend support, the bulls' defensive line
- The resistance above is a downward resistance, a breakout here will confirm
- The premise is that the price must stay above the upward support level

The interesting aspect of this kind of structure is that it often forms quietly before market sentiment clearly turns bullish. The real opportunity is hidden when the market hasn't yet reacted.

Whether it can develop into a trend depends on whether the bulls can give a strong breakout confirmation. We will continue to monitor the key structural levels and breakout points.

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FloorPriceWatchervip
· 16h ago
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SchrodingerGasvip
· 16h ago
楔形收敛这波确实得等CPI数据落地才能看清,现在说多头发力还太早了,别被底部假突破坑了
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OnchainDetectiveBingvip
· 16h ago
I've heard the bottom wedge theory quite a few times. Every time, people say it will break out, but what happens? It still depends on how the market reacts after the CPI is released. Don't overestimate your technical analysis.
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GateUser-addcaaf7vip
· 16h ago
I've seen the bottom wedge pattern on LINK several times. Usually, it just stays like that; if it can't break through, it continues to oscillate.
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