LINK card stuck in a key range? Whales are quietly moving 😏📉

In the past week, #Chainlink fluctuated in the range of $8.5–$9.9, currently reported at about $9.2, showing a slight recovery but with limited momentum. More notably, trading volume has plummeted by 32%, indicating a cooling market sentiment and a growing atmosphere of wait-and-see.

On-chain, however, is not peaceful: a whale has transferred about 1.62 million #LINK (about $14.8 million), and has repeatedly placed orders concentrated around $9.2. According to CryptoQuant data, this price level has become a "main battlefield for institutions." However, this wave seems more like a wallet reorganization rather than direct buying and selling.

On the other hand, the exchange supply ratio continues to decline, with chips flowing out, theoretically leaning towards bullish; at the same time, Stoch RSI has rebounded, with buying pressure slightly dominating. But the reality is also harsh — net flow is turning positive, and retail investors are selling.

The conclusion is very simple: LINK will continue to grind as long as it does not break $9.9, and only has a story if it holds above $8.5. A breakout looks at $10, and a drop would continue to consolidate 😶#特朗普缓和局势