LINK coins are worth paying attention to. Let's look at the on-chain data performance across these four dimensions. The weekly chart shows bottom characteristics, and the profit ratio indicator indicates that the profit margins of holders are shrinking—what does this often mean? Selling pressure is easing. The MVRV indicator is at a relatively low level, suggesting that market sentiment has not fully recovered. More interestingly, the number of new addresses is increasing, indicating new funds are entering the market. When these data points are combined, it suggests that the market may be brewing a rebound. The bottom range is forming, so paying attention to the performance at this level could present opportunities.
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VitaliksTwin
· 4h ago
Is new capital entering the market? Then I also have to get restless, just worried that it's another false rebound.
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AirdropLicker
· 13h ago
The new funding build-up is quite interesting, but it depends on whether we can hold this bottom. It would be great if it can truly rebound.
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ForkMonger
· 13h ago
lol the governance mechanics here are so fragile it's almost poetic... one well-timed protocol exploit and this whole "bottom formation" narrative collapses faster than their consensus layer can fork around it. but yeah sure, accumulation szn i guess
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Whale_Whisperer
· 13h ago
Reducing selling pressure is indeed interesting, but I have always been skeptical about the addition of new addresses... Are retail investors choosing the right timing to build positions?
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MetaNomad
· 13h ago
I'm more concerned about the increase in the number of new addresses, but can we really say there's a rebound when MVRV is still low? We need to wait and see.
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SnapshotBot
· 13h ago
Is the new funding really for building positions, or is it another attempt to trap retail investors?
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MetaEggplant
· 13h ago
The new address increase is indeed interesting, but I still need to wait and see if it really breaks through before making a move. I don't want to be cut again.
LINK coins are worth paying attention to. Let's look at the on-chain data performance across these four dimensions. The weekly chart shows bottom characteristics, and the profit ratio indicator indicates that the profit margins of holders are shrinking—what does this often mean? Selling pressure is easing. The MVRV indicator is at a relatively low level, suggesting that market sentiment has not fully recovered. More interestingly, the number of new addresses is increasing, indicating new funds are entering the market. When these data points are combined, it suggests that the market may be brewing a rebound. The bottom range is forming, so paying attention to the performance at this level could present opportunities.