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Chainlink is trading under sustained pressure as the price continues to 
struggle below the $13 level, failing to regain the bullish momentum that 
defined earlier phases of the market cycle. Repeated attempts to reclaim 
higher ground have been rejected, reinforcing a cautious outlook among 
traders. As broader market sentiment remains fragile, a growing number of 
analysts are warning that LINK could face additional downside before a 
meaningful recovery takes shape. Related Reading: Trust Wallet Exploit Drains 
$7M: Hundreds Of Users Affected Despite the weak price action, on-chain data 
tells a more nuanced story. Analyst at CryptoQuant, known as CryptoOnchain, 
reports that recent market data reveals a compelling convergence between on- 
chain metrics and technical structure, pointing to growing accumulation 
activity at current levels. While price remains compressed, underlying 
behavior suggests that larger market participants may be positioning quietly 
rather than exiting. This divergence between declining price and improving on- 
chain signals is often observed during transitional phases of the market, when 
selling pressure begins to fade, but confidence has not yet returned. 
According to CryptoOnchain, indicators tracking exchange flows and holder 
behavior show signs of significant buying interest emerging beneath the 
surface, even as LINK struggles to attract speculative demand. Exchange 
Outflows and Long-Term Support Point to Accumulation The analysis highlights a 
notable shift in Chainlink’s on-chain and technical dynamics, starting with 
exchange netflows. According to the Binance Altcoins Token Netflow 7-day 
chart, Chainlink has seen a substantial withdrawal from Binance over the past 
week, with total outflows approaching $50 million. This magnitude stands out 
when compared with other large-cap altcoins such as Uniswap (UNI) or The 
Sandbox (SAND), which have not experienced similar capital movements over the 
same period. In on-chain analysis, large and sustained exchange outflows are 
commonly interpreted as a reduction in immediate selling pressure. Rather than 
preparing to sell, holders appear to be moving LINK into self-custody or long- 
term storage, signaling a shift toward holding behavior. This type of activity 
is often associated with accumulation phases, particularly when it occurs 
during periods of weak price action. At the same time, the technical structure 
reinforces the on-chain signal. The LINK/USDT daily chart shows price resting 
directly on a long-term bullish trendline that has acted as dynamic support 
since 2020. Historically, this level has consistently attracted demand and 
limited deeper drawdowns during corrective phases. The convergence of heavy 
exchange outflows and a retest of major historical support sends a strong 
signal of smart money accumulation. It suggests that larger investors view 
current levels as a strategic entry zone. Defending this support remains 
critical, as holding it would preserve Chainlink’s long-term bullish structure 
and increase the probability of a future trend reversal. Related Reading: Why 
$100,000 Is Bitcoin’s Most Important Resistance Level LINK Testing Structural 
Demand Chainlink (LINK) continues to trade under pressure, with price hovering 
around the $12.50 level on the 3-day chart after an extended corrective phase. 
The structure shows a clear loss of bullish momentum following repeated 
rejections from the $20–$25 region earlier in the cycle. Since that peak, LINK 
has established a sequence of lower highs, confirming a medium-term downtrend 
that remains intact. From a technical perspective, LINK is currently trading 
below its short- and medium-term moving averages, which have rolled over and 
are now acting as dynamic resistance. The 50-period moving average sits well 
above the current price, reinforcing the idea that recent rebounds have been 
corrective rather than impulsive. The longer-term moving average, however, is 
flattening near current levels, suggesting that selling pressure may be 
slowing as price approaches a historically important zone. Related Reading: 
Ethereum Bearish Structure Meets Bullish Supply Signal – What Happens Next The 
$12–$13 range stands out as a key support area. This level has acted as a 
pivot multiple times over the past two years, repeatedly attracting demand 
during periods of broader market weakness. The fact that LINK is consolidating 
rather than breaking down aggressively suggests that sellers are losing 
momentum. Volume behavior supports this view. While sell-offs earlier in the 
year were accompanied by sharp volume spikes, recent price action shows 
reduced participation, indicating distribution may be giving way to 
stabilization. For LINK to signal a meaningful trend reversal, bulls must 
reclaim the $15–$16 zone. Featured image from ChatGPT, chart from 
TradingView.com

Chainlink Shows Strong Accumulation Signal: LINK Exchange Liquidity Dries Up

Increased bearish positions may signal declining market confidence, 
potentially impacting investor sentiment and future crypto valuations.
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Whale increases leveraged shorts to $169M across BTC, ETH, and SOL

Stablecoins are rapidly overtaking traditional payment rails, emerging as a 
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