[12/18, 21:04] 🫀: 👉 Follow me for more professional crypto technical analysis, trade ideas, and market updates every day!
[12/18, 21:07] 🫀: Factor,Outlook,Key Detail
Technicals,🔴 Bearish,Trading below key MAs; risk of testing $10.94 or even $8.
Fundamentals,🟢 Bullish,Secured a massive bridge deal with Coinbase for $7B in assets.
Institutionals,🟡 Neutral,"ETF inflows are positive but slowing; accumulation is ""silent."""
[12/18, 21:07] 🫀: Major Partnership News
Coinbase Collaboration: Coinbase recently selected Chainlink’s CCIP (Cross-Chain Interoperability Protocol) as the exclusive infrastructure for bridging its wrapped assets (cbBTC, cbETH, etc.). This secures approximately $7 billion in assets across different ecosystems
[12/18, 21:08] 🫀: Base-Solana Bridge: Chainlink is now powering the new bridge between the Base and Solana networks, a major step for cross-chain liquidity.
Institutional Adoption: Partnerships with FTSE Russell (bringing index data on-chain) and UBS (tokenization pilots) continue to solidify LINK as the "middleware" for global finance.
[12/18, 21:09] 🫀: Current Price Snapshot
Current Price: Approximately $12.30 – $12.70.
Recent Performance: The price is down roughly 5% today and about 13% over the last week.
The "Hedge": While technicals look bearish (as your analysis noted), fundamental analysts like Lark Davis argue LINK is a superior long-term hold compared to other altcoins because of its essential role in the DeFi infrastructure #Chainlink #link #analysis
