The analysis focuses on LINK/USD, identifying a potential bounce that began on Tuesday. It's considered a five-wave move, suggesting a possible wave C of wave 4. A break above $24.66 is indicated as a potential breakout point, with the next upside target around $26.60. The analysis notes that a five-wave move up to $26.60. Then a higher low, then a higher high gives the next sequence of five waves to the upside with a wave 2 support. The analyst is looking for a climb to $31.10 if this scenario develops, with the possibility that the decline was a WXY structure.