2026-01-05 01:21:51

LINK is currently trading at $13.56. This recent dip is indeed quite sharp—almost 50% off the previous high. But if you look closely, it’s now stuck in a critical support zone between $13.00 and $14.00, which is a bit special.

Why is it special? Because this area was the launching pad for the last bull run. Now that it’s back here, from a technical perspective, it’s a "top-bottom switch," and the bulls must establish a foothold at this level.

As a core player in blockchain infrastructure, LINK’s movement is highly correlated with ETH. This wave of decline is essentially a profit-taking washout, a normal correction in the mid-cycle of a bull market, not a trend reversal. Many people call it "reverse gear catching people"—using the decline to scare out retail investors, while the main players continue to go long.

**Looking upward**—short-term resistance is around $17-18 (the previous rebound high), then further up is the $22-25 previous high zone. Once broken through, LINK will enter the $30+ "no man’s land," which signals a real big move.

**Looking downward**—the extreme support is at $9-10, which is the top of the long-term box. If it really drops to this level, it’s a textbook-level bottoming opportunity.

From the volume perspective, this wave of decline has been accompanied by decreasing volume. Compared to the previous breakout with high volume, the current downward momentum is relatively mild, indicating that the main players are not dumping massively. This precisely shows that the chips are well locked in, and the market is waiting for a signal of a market stabilization.

**How to operate?** If you already hold LINK, just stick to your conviction. LINK in the crypto world feels a bit like Google—maybe not the fastest to rise, but it won’t die. Now is not the time to give up before dawn.

For those who haven’t bought in yet, this price is definitely much safer than at $20. Consider starting a dollar-cost averaging position in the $13-13.80 range, with a medium- to long-term target of $25+. LINK is a ballast stone for conservative investors and a top choice for long-term large capital allocations.

ETH-1,81%

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StillBuyingTheDip

· 01-07 14:58

A decline on decreasing volume is just accumulation of chips. This time, grabbing at $13 is definitely worth it. I will hold on to this thing no matter what, anyway LINK isn't going to die, just waiting to break $25. If it really drops to $9-10, that would be a huge blessing. The dollar-cost averaging enthusiast is already prepared. Compared to when it was at $20, entering now feels much better, no need to chase the high, which is really comfortable. The main force's tactics are too obvious; if they can't push out volume, it means they still want to go up. Small investors being scared out is just the right opportunity for us to buy cheaply.

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RugpullTherapist

· 01-07 09:13

Decreasing volume decline, with the main force's chips locked tightly, this is the real buying point.

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GasFeeAssassin

· 01-06 04:43

A decline on lower volume is actually a signal; the main force not dumping indicates confidence is still there. This wave is just reversing to pick up more players, no one is running away.

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VitalikFanAccount

· 01-06 00:54

Are you really scared at just over 13? I see through this wave of main players shrinking volume to shake out traders; just wait for a stabilization signal. --- Honestly, $13 is really close to the bottom, a good time for dollar-cost averaging. --- I'm tired of hearing about reversing to pick up people haha. Anyway, LINK won't die, so I'll hold on. --- Shrinking volume during a decline is the most deceptive; I know this move of the main players well. --- If it really drops to $9-10, that would be the bottom. It’s not harsh enough yet. --- Comparing LINK to Google might be a bit far-fetched, but it’s definitely a ballast. --- Without a 50% drop, there’s no story of $30+ later. Retail investors get scared a few times and can’t hold onto their chips. --- I truly believe in LINK as a leading infrastructure project; long-term holding is definitely the right move. --- Breaking $22-25 means entering uncharted territory? I’m optimistic, but it’s a bit early to say that now. --- The gentle trading volume indicates no one is really dumping, which is actually a good sign.

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TokenDustCollector

· 01-05 01:52

Honestly, this wave at $13 really makes me a bit tempted, but I’m still waiting to see if I can catch the $9-10 range. Shrinking volume decline means the main force is locking in chips; I’m very familiar with this routine. --- As for LINK, it’s one of those assets that won’t make you rich overnight but also won’t die. Holding with faith is indeed not wrong. --- I’ve heard the term “reverse car to pick up people” too many times. Every time they say it’s a shakeout, and it finally falls below support. It’s not that I don’t believe, I’m just a bit tired. --- $25 and above is considered no man’s land? I think we’ll have to wait until Bitcoin really takes off. It’s still early. --- DCA from $13 to $13.80? Why not just wait for $12? Anyway, it will fall sooner or later. --- Look at this shrinking volume; I actually think it might be because no one dares to take the plunge, not necessarily the main force locking in chips. --- LINK is really just a toy for big funds. If retail investors follow blindly, it’s all about luck. --- From the previous high of $22 to $25, it feels like it will take several months to reach that range.

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RunWithRugs

· 01-05 01:51

A decline on lower volume indicates that the main force isn't dumping, I agree with that. I just want to know when it can truly stabilize, I still feel like it's grinding at the bottom.

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BlindBoxVictim

· 01-05 01:48

Is it really just over $13 to bottom out here? I suspect the main force is fooling us into shrinking volume. --- I've heard the "reversing to pick up people" explanation a hundred times. Is this time for real or not? --- As long as LINK doesn't die, it's fine. Anyway, it won't drop much blood. --- $9 to $10 is the real bottom, right now it's just a fake-out. --- Google's feeling... it's just slowly rising and slowly falling, tormenting people. --- Switching between top and bottom sounds good, but the chips I hold have long been unstable. --- Shrinking volume decline = main force absorbing chips? I always feel this logic is a bit forced. --- It has to rise to $25 to be considered a big market, but when will that be? --- Dollar-cost averaging at $13.80? I'm afraid it will drop straight to $10 after I buy. --- People who believe in faith allocation are probably crying now, haha.

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Whale_Whisperer

· 01-05 01:42

A decrease in volume during a decline indicates that the main force is not dumping, which means they are waiting for a signal. --- Buy and invest regularly at $13-13.80, with a medium to long-term target of $25+; it's quite stable. --- LINK is like Google's equivalent in the crypto world; I agree that it won't die. --- Only when it truly drops to $9-10 is it a textbook bottom-fishing opportunity. Maybe it's not the right time yet. --- After the top and bottom switch and stabilizing, it will surge toward $30. That’s a real bull market. --- Hold onto your positions with faith; it would be a huge loss to give up before dawn. --- Volume is shrinking during the pullback, and the chips are well locked in. The main force is still holding back a big move. --- Once it breaks through $22-25, there will be no resistance. Just waiting for that moment. --- It feels like the current price is indeed safer than $20, so you can start to get in. --- LINK is highly correlated with ETH. When the market stabilizes, that will be its signal.

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ForkThisDAO

· 01-05 01:25

The most satisfying decline with decreasing volume, the main force is accumulating chips. Buying LINK at 13 dollars is really not a loss. --- The $30+ no-man's land is indeed tempting, it all depends on whether it can withstand the 13-dollar hurdle. --- To put it simply, it still depends on when the overall market stabilizes. LINK is too tightly bound to ETH. --- This wave of reversing and picking up people is playing very smoothly, clearly clearing out retail investors' panic sell-offs. --- I don't even dare to set a target at 25 dollars, let's first hold at 13-14 and then talk. --- Already bought in, consider it a long-term allocation. Anyway, LINK won't die, just need a little patience. --- For those who haven't entered at this price, dollar-cost averaging at 13 dollars is perfect, much more comfortable than at 20 dollars. --- The theory of support and resistance switching has been heard too many times; in the end, it still depends on volume to speak. --- Moderate trading volume is actually a good sign; if there was a panic sell-off, it would have already caused panic. --- No problem with the ballast property, just worried that the overall market continues to decline and drags it down.

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