ChainLink（Link）正在关键水平的交易，因为市场数据指向增强的波动和投资者活动。

现在的价格为12.76美元，在过去的24小时内下跌了7.28％。

Chainlink (LINK) is trading at a critical juncture as market data points to heightened volatility and increased activity from major investors.

ChainLink（Link）正在关键时刻进行交易，因为市场数据点的波动性提高并增加了主要投资者的活动。

The token’s price has dropped 7.28% in the last 24 hours and is currently trading at $12.76.

代币的价格在过去24小时内下跌了7.28％，目前的交易价格为12.76美元。

Source: CoinMarketCap

资料来源：CoinMarketCap

However, technical indicators and whale accumulation suggest the possibility of a significant move in either direction.

但是，技术指标和鲸鱼的积累表明，这两个方向都有重大移动的可能性。

One major investor recently bought nearly 140,000 LINK for $2 million at $14.30.

一位主要的投资者最近以14.30美元的价格购买了近140,000个链接，以14.30美元的价格购买。

Meanwhile, LINK is forming a symmetrical triangle and a descending wedge pattern—formations that are typically associated with breakouts.

同时，链接正在形成对称的三角形和降楔模式，这通常与突破有关。

If the price manages to clear the resistance at $15.68, traders could see a 35% rally to reach $18.18.

如果价格设法以15.68美元的价格清除了电阻，则交易者可以看到35％的集会达到18.18美元。

Afterward, the next major resistance level lies around $20.

之后，下一个主要阻力水平约为20美元。

If LINK fails to hold the support at $12.57, then it could drop toward $11.50.

如果链接未能将支持的支撑额为$ 12.57，则可能会降至$ 11.50。

Here’s a closer look at the latest market activity and technical analysis.

这是最新的市场活动和技术分析的仔细研究。

LINK whale activity and key levels to watch

链接鲸鱼活动和关键水平要观看

A large holder has massively increased their LINK holdings, acquiring 139,860 tokens at an average price of $14.30.

一个大型持有人大大提高了他们的链接持有量，以14.30美元的价格收购了139,860个令牌。

This addition brings their total LINK stash to 147,553.

这一增加使他们的总链接藏匿到147,553。

Earlier today, another investor booked a profit of $161,000 from earlier LINK trades, suggesting a pattern of well-timed entries and exits.

今天早些时候，另一位投资者从较早的链接交易中预订了161,000美元的利润，这表明了定时的条目和退出模式。

These high-volume transactions often signal market optimism and could precede a LINK price rally.

这些大批量交易通常表明市场乐观，并且可以在链接价格集会之前进行。

Currently, LINK is encountering resistance at the whale’s entry level of $14.30, and $15.68 remains a key level for bulls to watch.

目前，Link在鲸鱼的入门水平为14.30美元处遇到阻力，而15.68美元仍然是公牛的关键水平。

A break above this zone could trigger a 35% rise, reaching a price target of $18.18.

超过该区域的突破可能会触发35％的上升，达到18.18美元的目标目标。

On the downside, if LINK fails to hold the support at $12.57, then it could drop toward $11.50.

不利的一面是，如果链接未能以$ 12.57的价格持有支持，则可能会降至11.50美元。

This support level was previously breached in March 2023, leading to a 66% decline in LINK’s price.

该支持水平此前曾在2023年3月违反，导致Link的价格下降了66％。

Chart setup: Symmetrical triangle and volatility

图表设置：对称的三角形和波动性

LINK’s price structure is compressing within a symmetrical triangle and a descending wedge, also known as a megaphone pattern.

Link的价格结构在对称的三角形和下降楔形物（也称为扩音器模式）内被压缩。

This setup usually precedes large price moves, with increased volatility and the potential for breakouts in either direction.

这种设置通常在价格转移之前，随着波动性的增加和朝任何方向的突破潜力。

At current levels, LINK is trading in a very narrow range, which is often followed by high-impact swings.

在目前的水平上，Link的交易范围非常狭窄，通常是高影响力的波动。

If the price manages to break above the $15.68 zone, traders could quickly see a move toward the $18.00 mark.

如果价格设法超过了15.68美元的区域，则交易员可以很快看到朝$ 18.00的转会。

This rally would likely be fueled by short-covering and retail buying activity.

该集会可能会通过短期覆盖和零售购买活动来推动。

On the flip side, a candlestick close below the $12.57 support would negate the bullish structure and could open the door for further price declines.

另一方面，一个底部的烛台下方的烛台将否定为看涨的结构，并可能为进一步的价格下降打开大门。

On-chain metrics show accumulation and liquidity

链上指标显示积累和流动性

The MVRV Z-score—a key metric used to identify overbought or undervalued conditions—stands at 3.09 for LINK.

MVRV z得分（用于识别过高或低估条件的密钥度量标准，链接为3.09。

Historically, Z-scores ranging from 2 to 3 have been observed to precede major LINK rallies.

从历史上看，已经观察到在主要链接集会之前观察到的Z得分范围为2到3。

For instance, LINK experienced a surge of over 120% in early 2023 following a similar Z-score reading.

例如，在类似的Z分数读取后，Link在2023年初经历了超过120％的激增。

Furthermore, daily active addresses have risen to 921, rebounding from the lows reached in March.

此外，每日活跃的地址已上升至921，从3月的低点反弹。

This increase in activity could support long-term price growth.

活动的增加可以支持长期价格增长。

Additionally, exchange reserves have dropped by 3.11% to reach $2.15 billion.

此外，交易所储量下降了3.11％，达到21.5亿美元。

This reduction in available tokens on exchanges could indicate strong holding behavior among investors.

交易所可用的代币的减少可能表明投资者的行为强烈。

Growing liquidity and whale confidence

日益增长的流动性和鲸鱼信心

The recent LINK purchase by a major investor, amounting to nearly 140,000 tokens at an average price of $14.30, aligns with positive on-chain indicators.

主要投资者最近购买的链接购买，总计近140,000个令牌，平均价格为14.30美元，与正面的链上指标相吻合。

These indicators include a decreasing MVRV Z-score, reduced exchange reserves, and increasing daily active addresses.

这些指标包括降低的MVRV Z得分，减少的交换储量以及增加日常活动地址。

Together, these factors suggest a bullish setup despite the technical resistance and volatile price action.

这些因素在一起表明，尽管有技术性抵抗和波动性的价格行动，但这些因素表明了看涨的设置。

If LINK manages to cross the $15.68 resistance, it could experience a rally to reach $18.18.

如果Link设法超越了15.68美元的电阻，则可能会经历一次集会，达到18.18美元。

The next major resistance level would then be encountered around $20.

然后，下一个主要的阻力水平将遇到20美元左右。

External factors such as Bitcoin ETF flows and US monetary policy may influence the pace of any rally.

外部因素（例如比特币ETF流量和美国货币政策）可能会影响任何集会的步伐。

Should LINK fall below the $12.57 support level, panic selling could follow. However, the support provided by large holders could help to stabilize the market.

应该链接低于$ 12.57的支持水平，恐慌销售可能会随后发生。但是，大型持有人提供的支持可能有助于稳定市场。