A widely followed crypto trader says the FTX collapse has spurred astonishing amounts of fear, uncertainty, and doubt (FUD).
“Definitely understandable that people are feared and that we’re getting contagion from the FTX fallout, but the amount of FUD and negativity the past week on literally everything within the ecosystem is just astonishing.”
Getting into the charts, the analyst suggests LINK’s current price level could potentially see an upside.
“This one is still consolidating at the range lows and is a good entry if you’d want to be looking for investment purposes.”
Source: Michaël van de Poppe/Twitter