Chainlink's performance these past couple of days is indeed worth paying attention to. As the spot ETF officially begins trading on January 15th, institutional funds continue to flow in, and the price volatility of $LINK has also increased accordingly.



From a technical perspective, it is currently hovering around $19.50, with an entry zone recommended between $19.20 and $19.60. The stop-loss point is set at $18.30; if it breaks below that, a decisive exit is necessary.

In terms of upside potential, the two main target levels recently are $22.00 and $25.00. As long as the critical support at $19 holds, the momentum from institutional bullishness should be able to support a considerable profit space. The characteristic of this wave is "rise sharply, then pull back"—going up, pulling back, then continuing upward, with a strong rhythm.

Overall, this is a window worth paying attention to for entry, but only if strict stop-loss strategies are implemented.
LINK3,37%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
GateUser-a606bf0cvip
· 01-18 10:54
Institutional entry makes a difference; optimistic about this wave of sharp rise and pullback rhythm.
View OriginalReply0
0xLostKeyvip
· 01-17 03:58
It's stable to enter at 19, the institutions are here.
View OriginalReply0
ThesisInvestorvip
· 01-15 11:55
I love this rhythm of rising high and pulling back, just worried that institutions might not come up with new tricks
View OriginalReply0
SchroedingerMinervip
· 01-15 11:45
Around $19 is really a trap, once you go in you're trapped. Wait, are institutions really buying or are they just cutting the leeks again? The "push up and then pull back" strategy is getting old, they say it every time but it still drops to $18. Strict stop-loss? Easier said than done, who’s willing to cut when it really drops? Can LINK hold up to $25 this round? Feels a bit uncertain. Spot ETF coming out makes it even easier to be dumped on. I'll wait and see before jumping in again, I don't quite understand this rhythm.
View OriginalReply0
PerennialLeekvip
· 01-15 11:43
The price of over 19 dollars still seems like it needs to wait a bit longer
View OriginalReply0
Lonely_Validatorvip
· 01-15 11:30
Brothers who invested 19 yuan, what's the current situation?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)