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Altcoins have been steadily recovering over the first two days of the new calendar year, We could see sustained upward price action over the next 2-3 months. The larger cryptocurrency market, and altcoins in particular, have been under a major bearish spell since the flash crash of October 10 last year. Still, now there are indications that a trend reversal may be on the cards. Altcoins to Take Charge Many Altcoins have been correcting all the way down to their wick of the 10th of October. Finally, things start to turn upwards. The same can be said for $LINK , which is currently breaking the 21-Day MA for the first time since the Summer. This imply that the markets are ready for an upward run coming 2-3 months.” The short-term moving averages are convincingly trending upwards, and a similar pattern can be seen across multiple other altcoins. Historical data from previous cycles shows similar MA breaks often precede 20-50% rallies in altcoins over 2-3 months, provided Bitcoin stabilizes above $90K, as seen in Q4 2024’s post-halving uptrend. The Future Altcoins are looking to start 2026 on a positive note, but the bullish forces have their work cut out for them if they wish to shed the bullish baggage from 2025. As long as Bitcoin is ranging, any altcoin strength stays fragile. Sustainable alt moves need a Bitcoin breakout first. The “ranging” is the premier cryptocurrency being stuck in a narrow trading zone dominated by the nervousness of the bullish forces. The market has remained under pressure and squeezed for the better part of the last 3 months, and it will take some effort from the bulls to ensure a sustainable turnaround. Only a strong move to $100k is likely to open up the altcoin market in the near future.

LINKUSDT 13

Analysis for $LINK LINKUSDT | 1h - The market has a mixed structure, with the price sitting just below the most recent swing high (13.43), indicating possible liquidity above that level before any major drop. - If price manipulates above 13.43 and shows clear rejection (such as a pin bar, bearish engulfing, or reversal confirmation on lower timeframes), this could signal a high-probability short opportunity aiming for 13.03 and then 12.82. - If the price drops and finds support around 12.97 or 12.82, look for strong bullish reversal signs for a potential bounce. However, a break below these could accelerate a move toward 12.61 and 12.55. - Confirmation is key: for a short, wait for a strong rejection after a sweep above 13.43; for a long, watch for a reversal formation and strong buying at 12.82 or lower levels. - My bias is to look for short setups above the swing high if manipulation is clear, or long setups only if the price strongly defends 12.82 or below. Bias would change to bullish on...

Take profit and close long at 13.976 LINKUSDT