Is Over-Optimized Anchor Text Holding Your Site Back?
https://qqpipi.com//index.php/How_Organic_Link_Ranking_Gains_Flipped_Conversion_Rates_in_3_Weeks_for_a_Niche_SaaS
Short answer: yes, if your backlink profile looks like a keyword stuffing spreadsheet. Long answer: it depends on context, but most sites with traffic problems have one common blind spot - an unnatural anchor text profile that screams manipulation