$LINK is a flat position! Current price 11.48 — this is the empty point. The funding rate has been positive for eight straight rounds; the longs are still paying to hold, but the price has already broken below the 20 line, with both the 4h and daily charts trending downward. Aggressive sell orders have pushed up to 62%, while all the fuel has been stacked in the long side’s leverage. The contract open interest leaked 10.79% in a single day; the long positions are now breaching. Those who can’t hold will run first, and those who haven’t run will wait to be buried with it. Targets: 11.0 and 10.05. Stop-loss: 12.0 set just beyond the 24h high; if it breaks, then we’ll talk again.