The 2-Month Upward Run: Why $LINK’s Technical Victory is a Win for All Altcoins
The altcoin market is finally breathing again as we enter the first week of 2026. Chainlink ($LINK ) has emerged as the bellwether, breaking its 21-day Moving Average—a feat not seen since the summer of 2025.
The Catalyst: CCIP and the $2 Trillion Milestone
Beyond the charts, the fundamental story is accelerating. Coinbase recently selected Chainlink CCIP as the exclusive bridging solution for its $7 billion in wrapped assets (cbBTC, cbETH). This institutional validation, combined with the market's $2 trillion spot ETF milestone, is providing the floor needed for a sustained "Upward Run" through Q1 2026.
Trading Outlook
For the bullish thesis to hold, $LINK must flip the $13.50 zone into firm support. If the 21-day MA continues to act as a launchpad, we expect a gradual climb toward the $20.00 psychological mark by March.
