2025-12-27 12:26:18

Recently, Chainlink's on-chain data has been quite interesting. The extracted signals show that supply is tightening, which often indicates that market participants are quietly accumulating positions.

Looking at the market data makes it clear. LINK's current price is around $12.260000, and the overall trend is still in the accumulation phase. The RSI indicator shows 47.3, indicating that the bullish and bearish forces are relatively balanced, but this equilibrium is often the calm before a breakout. The support level is holding at $11.890000, with resistance above at $12.630000. If the price can break through this key level of $12.510000, that would be a true signal.

Based on these observations, my idea is as follows: don't rush to increase your position now; lock in your current holdings. If the price can stabilize above $12.260000 and show a bullish breakout pattern above $12.510000, then consider adding to your position. For risk control, set your stop-loss at the support level of $11.890000, with a target above $13.00.

Signals of tightening supply like this generally don't appear without reason. Historically, similar accumulation periods often precede major market moves. Have you been paying attention to this asset recently? What do you think about this trend?

LINK2,67%

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GateUser-5854de8b

· 11h ago

The narrative of tightening supply has been heard too many times, but what's the result? --- Only dare to move after breaking $12.51. This mindset is stable, but it's easy to get trapped. --- Pre-accumulation signals, they say every time, and every time get trapped. --- Can $11.89 hold this support? Feels a bit weak. --- Setting stop-loss here is actually okay, just afraid of a gap down during a pullback. --- But to be fair, this wave does seem to be gathering momentum. Let's wait for a breakout. --- Why always wait for a breakout? Can't I just go all-in? --- RSI at 47 in the middle range, doesn't really indicate much, right? --- I think LINK is a bit boring; it can't seem to rise.

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RugPullSurvivor

· 11h ago

Supply tightening, huh? I bet five dollars it's just a false signal. --- Will LINK really break through this time, or will it just fall back to the bottom? Honestly, I'm a bit tired. --- Wait, how long is this accumulation period you mentioned? My wallet is almost empty. --- If it can't break $12.51, I’ll have to cut losses. I'm choosing to wait and see this time. --- I've heard too many so-called historical precursors, haha. --- Feels like they're just storytelling again. RSI 47 can still go up, why so optimistic? --- Only the brave dare to hold heavy positions now. I'll lock in my position and see.

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SatoshiChallenger

· 11h ago

Tightening supply, accumulating chips, a sign of a big market ahead... Hearing these same words as in 2021, do you all not know how it turned out?

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DevChive

· 11h ago

Tightening supply isn't necessarily a good thing; it depends on who's tightening it. --- RSI 47.3, does this data really indicate anything? Feels like it's always the same story. --- It's either accumulation or a precursor. When I heard this last year, LINK was still at $30. --- What if $12.51 can't be broken? We'll just have to wait and see. --- Stop loss at 11.89 is a bit tight; if there's a small dip, you'll be forced to sell at a loss. --- Sounds reasonable, but I bet this wave still needs to drop a bit more before it can rise. --- I've been hearing about accumulating chips for a year. When will it actually take off? --- But on the other hand, supply is indeed decreasing. This idea is still interesting. --- $13 above? You're probably waiting until the end of the year, haha. --- Locking in your position isn't wrong, but don't lock it in for too long; you might end up confusing yourself.

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