The analysis discusses the structure of LINK on the daily timeframe, which indicates a corrective pullback with the potential to lead to a third wave rally. It expresses a concern about the disparity between the Binance low at $8.30 and the Coinbase low at $15, with the analysis preferring to follow the Coinbase chart but acknowledging the uncertainty. It notes the importance of the bulls driving the price above the yellow trendline around $27. Above this level, the analysis anticipates movement towards $31, potentially opening the door for a rally to $47 or higher. If the price can't hold $13.3, then $6.90 will become the new support level. Shifting to a shorter timeframe (1H), the analyst discusses the potential for a 1-2 setup but cautions that another low is probable, as the low is untrustworthy, and the movement ended in a three-wave pattern. Above $19.68 is needed, any rejection will be the C wave and any true test will happen at $13.3.