According to a well-known cryptocurrency analyst, the decentralized oracle network Chainlink (LINK) may experience a significant shift to the downside.

一位知名加密貨幣分析師表示，去中心化預言機網路 Chainlink（LINK）可能會經歷重大下行趨勢。

Rekt Capital, a pseudonymous analyst, tweets to his 348,800 followers that Chainlink is bearish after failing to overcome its macro downtrend resistance.

化名分析師 Rekt Capital 在推特上向他的 348,800 名粉絲表示，Chainlink 在未能克服宏觀下行阻力後持看跌態度。

“The most recent LINK downside means that the price is positioning itself for a weekly close below the macro downtrend, postponing the breakout.”

“最近的 LINK 下行意味著價格週收盤價將低於宏觀下行趨勢，從而推遲了突破。”

Source: Rekt Capital/Twitter

資料來源：Rekt Capital/Twitter

The failed breakout shows that LINK is still range-bound, and in the worst case, Chainlink might correct down to $6.13, which would be a 16% retracement from current prices, according to the crypto expert.

這位加密貨幣專家表示，失敗的突破表明 LINK 仍處於區間波動狀態，在最壞的情況下，Chainlink 可能會回調至 6.13 美元，這將是當前價格的 16% 回撤。

“The worst-case scenario for LINK if its monthly closes below the black range high resistance?

「如果 LINK 月度收盤價低於黑色區間高阻力位，那麼最糟糕的情況是什麼？

A drop into the range low support at $6.13 as part of its range-bound consolidation within the black-black range.”

跌至區間低點支撐位 6.13 美元，作為其在黑黑區間內區間盤整的一部分。”

Source: Rekt Capital/Twitter

資料來源：Rekt Capital/Twitter

LINK’s current value, $7.57, is less than the monthly timeframe’s range high resistance set by Rekt Capital.

LINK 的當前價值為 7.57 美元，低於 Rekt Capital 設定的每月時間範圍的高阻力位。

The expert claims that after breaking below its upper low setup at $29,500 and looking at Bitcoin (BTC), the cryptocurrency king has lost its bullish market structure on the weekly chart. Rekt Capital notes that BTC has maintained above its horizontal support at $29,245.

這位專家聲稱，在跌破 29,500 美元的上低點並觀察比特幣 (BTC) 後，這位加密貨幣之王在周線圖上已經失去了看漲的市場結構。 Rekt Capital 指出，BTC 一直維持在 29,245 美元的水平支撐位之上。

“It showcases the lost higher low and how ($29,245) is currently holding price.”

“它展示了失去的更高低點以及（29,245 美元）目前如何保持價格。”

Source: Rekt Capital/Twitter

資料來源：Rekt Capital/Twitter

BTC is currently valued at $29,290.

BTC 目前價值 29,290 美元。

The trader reports that Dogecoin (DOGE), the leading meme coin, is now honoring its diagonal resistance at $0.081.

該交易員報告稱，領先的 meme 代幣狗狗幣 (DOGE) 目前正在突破其對角線阻力位 0.081 美元。

“DOGE currently at pattern resistance.”

“DOGE 目前處於形態阻力位。”

The price of Doge at the time of writing is $0.078.

在撰寫本文時，Doge 的價格為 0.078 美元。