[LINK news update: Pro crypto convergence in TradFi and DeFi may start rally to $18]
LINK price is on the verge of confirming a historically bullish pattern, which could send the altcoin’s price above...

<p><img src="https://static.fwimg.io/img/1px.png" alt="LINK news update: Pro crypto convergence in TradFi and DeFi may start rally to $18"></p><p>LINK price is on the verge of confirming a historically bullish pattern, which could send the altcoin’s price above $18.</p>

LINK news update: Pro crypto convergence in TradFi and DeFi may start rally to $18

Author | Jeff Park (Chief Information Officer, Bitwise)
Compiled by Odaily Odaily(@OdailyChina)
Translator | Dingdang (@XiaMiPP)
Editor's Note: On February 5th, the cryptocurrency market experienced another sharp drop, with over $2.6 billion liquidated in 24 hours. Bitcoin briefly plummeted to $60,000, but the market seems to lack a clear consensus on the causes of this decline. Jeff Park, CIO of Bitwise, offers a new analytical framework from the perspective of options and hedging mechanisms. [...]

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