#LINK Long Liquidation Alert
Around $9.97K in long positions just got liquidated on LINK at $8.845.
That tells us some bulls were expecting continuation above that level, but the market dipped and cleared them out. When longs get liquidated, it creates forced selling — which can push price lower in the short term.
What does this mean?
This looks like a small liquidity sweep around the $8.85 zone.
Not a massive flush for LINK, but enough to show leverage was building on the long side — and the market corrected it.
Now the key question is whether this was just a quick shakeout… or if sellers are gaining more control.
What to watch next
• If LINK holds above $8.70 – $8.80, we could see stabilization and a bounce toward $9.00 – $9.20.
• If that zone breaks with strong volume, next support could be around $8.40 – $8.50.
The reaction around $8.80 is important right now.
Smart approach here:
• Don’t revenge long immediately
• Watch volume and structure
• Wait for confirmation
• Keep leverage under control
Liquidation flushes can reset the market — but real strength shows only if buyers defend support.
Do you see this as a dip-buy opportunity on LINK, or is more downside coming?
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