Crypto analyst CrediBULL Crypto recently warned that Chainlink (LINK) could experience a 50% to 60% drop in its price. However, based on his explanation, LINK holders may not have cause to worry as such a price drop is part of the crypto token’s growth.
加密貨幣分析師 CrediBULL Crypto 最近警告稱,Chainlink (LINK) 的價格可能會下跌 50% 至 60%。然而,根據他的解釋,LINK 持有者可能沒有理由擔心,因為這種價格下跌是加密代幣成長的一部分。
Why Chainlink Will Experience A Price Drop
為什麼 Chainlink 會經歷價格下跌
CrediBULL Crypto explained in an X (formerly Twitter) post that a “50-60% drawdown is normal, natural, and healthy” given that Chainlink has experienced ten months of up only and a 4x rally.” The analyst expects this price drawdown to last about two to three months and suggested that Chainlink could see brief price surges, but that doesn’t invalidate the current bearish trend.
CrediBULL Crypto 在 X(以前稱為 Twitter)帖子中解釋說,鑑於 Chainlink 僅經歷了 10 個月的上漲和 4 倍的反彈,「50-60% 的回撤是正常、自然和健康的」。分析師預計這種價格下跌將持續約兩到三個月,並暗示 Chainlink 可能會出現短暫的價格飆升,但這並不意味著當前的看跌趨勢無效。
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- [Crypto Analysts Reveal Sub-$1 Altcoins Set To Outperform In The Bull Run](https://www.newsbtc.com/crypto-analysts-reveal-sub-1-altcoins-set-to-outperform-in-the-bull-run/)
Source: X
[加密貨幣分析師透露,低於1 美元的山寨幣將在牛市中跑贏大盤](https://www.newsbtc.com/crypto-analysts-reveal-sub-1-altcoins-set-to-outperform -in-the-bull -運行/)來源:X
In a video posted on his YouTube channel, CrediBULL Crypto further explained why he is so confident in shorting Chainlink. He alluded to the rise in the crypto token’s open interest and claimed that many levered players entered Chainlink on the pump to a major resistance level. He expects that those investors who opened longs will likely begin to close their positions as soon as Bitcoin experiences a pullback and the crypto market starts bleeding again.
在他的 YouTube 頻道上發布的影片中,CrediBULL Crypto 進一步解釋了為什麼他對做空 Chainlink 如此有信心。他提到加密代幣未平倉合約的上升,並聲稱許多槓桿玩家進入 Chainlink,推動其達到主要阻力位。他預計,一旦比特幣經歷回檔並且加密貨幣市場再次開始出血,那些建立多頭部位的投資者可能會開始平倉。
The crypto analyst added that these investors will capitulate at the lows, which will bring Chainlink’s price to the range lows. CrediBULL Crypto claimed that this move will bring LINK back down to $11.96, about a 30% drop from its current price levels. Based on this, he revealed that he will be looking to short Chainlink around $16, which is the likely level for rejection.
這位加密貨幣分析師補充說,這些投資者將在低點投降,這將使 Chainlink 的價格降至區間低點。 CrediBULL Crypto 聲稱,此舉將使 LINK 回落至 11.96 美元,較目前價格水準下降約 30%。基於此,他透露他將尋求在 16 美元左右做空 Chainlink,這是可能被拒絕的水平。
Same Expectations For Meme Coins
對 Meme 幣的同樣期望
CrediBULL Crypto also expects meme coins to experience a significant price drawdown, given the parabolic rally they have enjoyed since the beginning of the year. Meme coins Dogwifhat (WIF) and Pepe (PEPE) have been the most significant year-to-date (YTD) gainers among the top 50 crypto tokens, with price gains of over 1,400% and 500%, respectively.
CrediBULL Crypto 也預計,鑑於 Meme 幣自今年年初以來經歷的拋物線式上漲,其價格將大幅下跌。 Meme 幣 Dogwifhat (WIF) 和 Pepe (PEPE) 是今年迄今 (YTD) 50 大加密貨幣中漲幅最大的加密貨幣,價格漲幅分別超過 1,400% 和 500%。
The crypto analyst warned that some major meme coins have already seen their tops and will likely experience significant declines. In the YouTube video he posted, he also gave insights into how low Dogecoin, WIF, and Pepe could drop.
這位加密貨幣分析師警告說,一些主要的迷因代幣已經見頂,並且可能會經歷大幅下跌。在他發布的 YouTube 影片中,他還深入探討了狗狗幣、WIF 和 Pepe 的跌幅。
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- [Crypto Expert Willy Woo Predicts Bitcoin Has Room To Run – Here Are The Drivers](https://www.newsbtc.com/crypto-expert-willy-woo-predicts-bitcoin-has-room-to-run-here-are-the-drivers/)
For Dogecoin, he predicts that the foremost meme coin could drop to as low as $0.10. However, CrediBULL Crypto noted that he can’t short Dogecoin yet because he expects a relief pump to $0.18, the range he is looking to open a short position.
[加密專家 Willy Woo 預測比特幣有運行空間 - 這是驅動因素](https://www.newsbtc.com/crypto-expert-willy-woo-predicts-bitcoin-has-room-to-run-here- are-the-drivers/)對於狗狗幣,他預測最重要的迷因幣可能會跌至0.10 美元。然而,CrediBULL Crypto 指出,他還不能做空狗狗幣,因為他預計價格會上漲至 0.18 美元,這是他希望建立空頭頭寸的範圍。
Meanwhile, he predicts that WIF could drop to as low as $1.6, revealing that he will be looking to short it at $3.90 because he expects the meme coin to enjoy one last push to the upside before dropping to the downside. CrediBULL also predicts a significant price decline for PEPE. He claims the meme coin could experience a drawdown of as much as 60% since it recently hit a new all-time high (ATH).
與此同時,他預測 WIF 可能會跌至 1.6 美元,並透露他將在 3.90 美元的價格做空它,因為他預計 Meme 代幣將在下跌之前享受最後一次上漲。 CrediBULL 也預測 PEPE 的價格將大幅下跌。他聲稱,自從 Meme 幣最近創下歷史新高 (ATH) 以來,它可能會經歷高達 60% 的回撤。
LINK bulls and bears fight for dominance | Source: LINKUSDT on Tradingview.com
LINK 多頭與空頭爭奪主導地位 |來源:Tradingview.com 上的 LINKUSDT
Featured image created using Dall.E, chart from Tradingview.com
使用 Dall.E 創建的特色圖片,來自 Tradingview.com 的圖表