【Crypto Market Thunder】LINK Rushes Towards the $15 Mark! Surge or Crash, It's All About This Battle!
Chainlink (LINK) price is oscillating fiercely between $13 and $15, and a breakthrough battle is imminent! In the past few days, the price dropped to $13.64, with a 24-hour decline of 3.55%. Market sentiment is volatile, and the key resistance level at $15 becomes a battleground for bulls and bears!
🚨 Bulls Retreat, Bears Liquidate Continually
At the beginning of April, LINK briefly surged to $15.50 but soon fell back, dropping below $13 on April 7, resulting in over $4 million in long liquidations. Since then, the price has fluctuated repeatedly, shaking the confidence of bulls, and bears have failed to gain control. The liquidation fluctuations reflect extreme market instability, with leveraged players often stepping on landmines.
🐋 Whales Exit, Strong Signals of Market Cooling
Whale trading shrank from nearly $100 million at the end of April to $21 million in early May, indicating that large holders are starting to observe. Although trading volume has rebounded by 23.85%, it is more likely a short-term gamble of panic selling or low-price accumulation rather than a long-term bullish signal.
📉 LINK Hanging by a Thread: Break Through $15 or Fall Back to $10?
If LINK cannot stabilize the support at $13, it may fall back to the $10.5 region—close to the 2023 low. However, if it successfully breaks through the key resistance at $15, it could quickly rebound to $17.5 or even higher.
Conclusion:
LINK is currently at a turning point in its fate, with whales exiting, frequent liquidations, and speculative sentiment heightened. If the breakthrough fails, it may face a deep correction; but if it conquers the $15 mark, it could ignite a new wave of upward frenzy. The battle between bulls and bears has reached its most critical moment, do you dare to jump in?