$LINK going to 100$ or 4$ ??đ𤯠here is the possibility
I know you guys want the summary and want to know what's the impact going be? Yes! ok great so now take a look to the fundamentals and technicals Â
Fundamentals:
Today I got a news that:đ
Chainlink Unlocks Onchain Access to US Stocks 24/5
$80 Trillion US Equity Market Brought Onchain by Chainlink.
what this means is đ¤
Chainlink introduced 24/5 U.S. Equities Data Streams, delivering continuous stock and ETF pricing to DeFi.
why it matters?$đ¤Ť
The U.S. equities market is about $80 trillion in size, and this move helps bring that massive market on-chain for the first time.
Previously, U.S. stock data feeds only worked during standard exchange hours creating âblind spotsâ for on-chain apps once markets closed.
Now DeFi apps can see pre-market, after-hours, and overnight data continuously basically 24 hours/day, 5 days/week.
This opens the door for new on-chain financial products, such as:đ¤
⨠Tokenized stock trading & synthetic equities
⨠Perpetuals/derivatives and prediction markets
⨠Lending markets & structured products tied to equities
⨠Improved risk models with richer data (bid/ask, volume, staleness flags)
Now lets come to the technicals:đ°
You know the chart never lies, simple as that:
I am seeing Rsi bullish convergence on daily time frame which says that we have a bullish sign
On the weekly the price is holding the weekly demand zone and if it holds then we are seeing a bullish momentum and if it don't then we'll probably going down to 8-5$Â
Thatâs it for today.đ Â
~Bilawal | Unbiased market analysis
