【Crypto World】The story of Chainlink is quietly being rewritten. It used to be a target for retail traders to speculate on, but now institutional investors are taking over. The most direct signal is—the launch of Bitwise’s new CLINK ETF product, which is no small matter and indicates an upgrade in the market’s perception of LINK.
On the price front, LINK has been repeatedly testing the $13 support level, but buying pressure has remained consistent. Data from the past month is even more interesting: just inflows into a leading ETF product amount to $63 million, and the open interest in futures contracts has exceeded 250 million contracts. These numbers are not虚假的—they all point to the same thing—institutions are positioning, retail traders are following suit.
From a technical perspective, the liquidity-rich zone around $15 has become the new target level. The rebound from $13 to $15 is not large, but it is highly significant—it is the main accumulation zone for institutions. The market’s key battle is here; whether it can hold this level will determine if it can break through upwards later.
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Chainlink from retail speculation to institutional entry: Can LINK hold the $15 level?
【Crypto World】The story of Chainlink is quietly being rewritten. It used to be a target for retail traders to speculate on, but now institutional investors are taking over. The most direct signal is—the launch of Bitwise’s new CLINK ETF product, which is no small matter and indicates an upgrade in the market’s perception of LINK.
On the price front, LINK has been repeatedly testing the $13 support level, but buying pressure has remained consistent. Data from the past month is even more interesting: just inflows into a leading ETF product amount to $63 million, and the open interest in futures contracts has exceeded 250 million contracts. These numbers are not虚假的—they all point to the same thing—institutions are positioning, retail traders are following suit.
From a technical perspective, the liquidity-rich zone around $15 has become the new target level. The rebound from $13 to $15 is not large, but it is highly significant—it is the main accumulation zone for institutions. The market’s key battle is here; whether it can hold this level will determine if it can break through upwards later.