$LINK
Spot LINK In-Depth Insights | December 8, 2025
Key Points:
LINK price has retreated from $14.11 to $13.57, facing short-term technical selling pressure and retail profit-taking, but institutional product launches and continuous accumulation by whales provide strong long-term fundamental support.
Key Dynamics:
1. Institutional Channels Opened: Grayscale launched the first spot LINK ETF in the U.S. and other similar plans, which will significantly broaden institutional capital access.
2. Whale Accumulation: Large investors have recently accumulated over 22 million LINK, and the on-chain reserve price is above the market price, indicating strong long-term confidence.
3. Core Fundamentals Solid: LINK maintains its dominant position in the oracle market and captures value through new token economics, with analysts giving a long-term target of $100-150.
Major Risks:
1. Technical Weakness: The MACD line has crossed below the signal line, and RSI(6) is nearing oversold, with multiple indicators showing short-term downward pressure.
2. Retail Selling Pressure Continues: Despite whale purchases, retail profit-taking and long liquidations have led to increased selling pressure, highlighting insufficient short-term buying confidence.
3. Key Support Facing Tests: Market analysis shows LINK is in a bearish zone, and if key support is broken, it may further drop to lower targets such as $12.70 or even $8.
Market Sentiment:
Although the long-term outlook is positive and whales are accumulating, current community sentiment and market indicators show that LINK's short-term prospects lean towards bearish.
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