$LINK 24 hours, the high-low spread was less than 3 points, amplitude was 2.5%, and volume was 1.15 million contracts—two months ago, that kind of volume would have gone through the roof in an hour. Now it’s as flat as a heartbeat monitor. Put simply, nobody wants to make a move at this level. I’ve been watching a few whale addresses; over the past week, $LINK has seen a fairly significant net outflow from exchanges, but the price hasn’t collapsed, which suggests buyers are stepping in below. Sentiment in the community is pretty divided: some are saying the oracle sector is finished, while others are still waiting for the RWA narrative to make a comeback. Funding rates are close to neutral, with neither longs nor shorts at an extreme—this is when fake-out wicks are most likely. In the short term, 11.26 is the critical low, with resistance overhead at 11.55. Don’t rush to pick a side; wait for volume to tell the story. I’ve seen a few big-name accounts drawing the same range, and when consensus gets too strong, it’s worth being wary of a false breakout.

$LINK #行情分析 #On-chain data