After huge dip it's time to ZOOM OUT Biggest 1st flashcrash link experienced was march 2020 -72% on "covid19 crash" which was catalyst for new Bull market & BTC hitting a bottom. Sentiment was quite bearish globally and fear uncertainty MAXED OUT psychologically.
Current market sentiment is mixed we have early bears creeping out and ultrabulls still in play. Also BTC dominance is rising, money moving into king's hand.
On the chart we can see link has followed its multiyear uptrend despite huge dips like latest -61% as long as the trend continues on this white channel we are on track. Green line is currently acting as support.
I'm very bullish on link for longterm and it has perfomed really well on summer time despite last Bear market cycle.