Whales are acquiring LINK!!! Chainlink market is surging, a 20% rise is imminent
After experiencing a significant pullback in December 2024, Chainlink (LINK) has shown strong signs of recovery at the beginning of 2025. According to the latest data, a large number of whales have accumulated over 1.4 million LINK in the past four days. This significant influx of capital not only reflects the confidence of large investors in LINK's future performance but has also pushed its price up by 22%, with further upward potential in the short term.
From a technical perspective, LINK is currently consolidating in the range of $23 to $24 and has successfully broken through the four-hour 200 EMA twice, indicating that the trend has turned bullish. Analysts believe that this upward structure is likely to further evolve in the coming days, with LINK's target potentially aiming for the $29 mark. Additionally, the market's optimistic expectations for macro events such as the 2025 presidential inauguration are injecting new momentum into crypto assets.
Although trading volume has declined, the market's bullish sentiment remains strong. The continuous accumulation by whales, coupled with technical resonance, may signal that a long-awaited breakout is approaching.
The market is unpredictable, and trends can change quickly, so don’t wait until the bull market is in full swing before chasing gains. Follow Mr. Qiu to catch the best rhythm for this wave of market movements!
