Market stayed risk-off, and $LINK reflected that tone.


Price is grinding around 12–12.5, with buyers defending support but no real momentum yet.

On-chain looks steadier than price.

TVS sits near 46B (+2.4% MoM), and exchange outflows point more toward positioning than panic.

Technicals remain mixed.
MACD death cross, RSI divergence.

As long as 12 holds, this looks like consolidation, not a breakdown.

Lose it, and 9–10 becomes the next area to watch.

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