$LINK +69.2% over 90 days, but 22.0% above the 200-day average, highlighting price extension and potential downside risk.
Data indicate that Chainlink (LINK) recorded this momentum, closing at 11.99 versus a 200-day average of 9.83, and ranked 2nd in the momentum ranking for the paper rotation portfolio, which is a research model, not a recommendation.
In contrast, the largest peak-to-trough drawdown over 90 days was 22.4%, and the 30-day volatility range at one standard deviation was 9.64 to 14.91, as a statistical approximation, not a forecast.
As for derivatives and liquidity, open interest was $103.83 million versus $107.88 million a week earlier, a change of -3.8%; average funding was -0.0010% per 8 hours; the long-to-short ratio was 2.58 among top traders and 1.57 across all accounts; the aggressive buy ratio was 42.6%, with spot volume of $16.72 million. #LINK #MarketUpdate
Source: Public Binance data. This is not financial advice.
Data indicate that Chainlink (LINK) recorded this momentum, closing at 11.99 versus a 200-day average of 9.83, and ranked 2nd in the momentum ranking for the paper rotation portfolio, which is a research model, not a recommendation.
In contrast, the largest peak-to-trough drawdown over 90 days was 22.4%, and the 30-day volatility range at one standard deviation was 9.64 to 14.91, as a statistical approximation, not a forecast.
As for derivatives and liquidity, open interest was $103.83 million versus $107.88 million a week earlier, a change of -3.8%; average funding was -0.0010% per 8 hours; the long-to-short ratio was 2.58 among top traders and 1.57 across all accounts; the aggressive buy ratio was 42.6%, with spot volume of $16.72 million. #LINK #MarketUpdate
Source: Public Binance data. This is not financial advice.