Chainlink (LINK) continued to trade within a narrow range on Tuesday, reflecting a broader pause in momentum across major digital assets. The token remained capped below the $12.80 resistance level, with price action suggesting indecision rather than a decisive shift in trend. Market participants appear cautious, opting to reduce exposure rather than position aggressively in either direction.
At the time of writing, LINK was changing hands near $12.38 after declining roughly 4.2% over the previous 24 hours. Despite the short-term pullback, selling pressure has not intensified enough to force a breakdown, with buyers consistently stepping in near recent lows. On a weekly basis, LINK remains marginally higher, indicating that the broader structure has not materially weakened.
Resistance Caps Upside as Momentum Stalls
Technical analysts continue to highlight the importance of the $12.80 level. CryptoWZRD noted that recent daily closes have been largely indecisive, reinforcing the absence of conviction among traders. According to the analyst, a stronger directional move may depend on shifts in wider market conditions, including changes in Bitcoin dominance that could free up capital for altcoins.
LINK Daily Technical Outlook:$LINK closed indecisively. The next move will come from Bitcoin's overall sentiment. We will have to wait for healthier price action to find a trade. The intraday chart of LINK will need time to develop a quality structure for the next trade ?♂️ pic.twitter.com/ub8B4G2Pgz
— CRYPTOWZRD (@cryptoWZRD_) December 31, 2025
A similar assessment was shared by More Crypto Online, which suggested that LINK may be entering another sideways phase following recent volatility. The analyst cautioned that an additional corrective move cannot be ruled out, supporting expectations for consolidation rather than a rapid recovery. Together, these views underscore a market environment where traders are prioritizing confirmation over anticipation.
$LINK back to sideways mode.
One more c-wave low seems likely.. you buying it? pic.twitter.com/DVGn5kKPTL— More Crypto Online (@Morecryptoonl) December 29, 2025
Volume Rises as Leverage Declines
Derivatives data provides further insight into current sentiment. CoinGlass data shows that LINK trading volume rose by more than 7% to approximately $768 million, while open interest fell nearly 5% to around $556 million. This divergence typically signals that traders are closing leveraged positions rather than initiating new ones, pointing to a defensive posture.
Funding rates remain slightly negative, with the open interest-weighted rate at -0.0039%. While not extreme, the reading reflects a mild bearish bias among derivatives participants and aligns with the broader theme of caution.
Indicators Suggest Stabilization, Not Reversal
Momentum indicators show signs of stabilization but fall short of confirming a trend reversal. The Relative Strength Index is hovering near 42.8, below the neutral 50 level, indicating subdued buying pressure. Meanwhile, the Moving Average Convergence Divergence histogram has edged higher, but both the MACD and signal lines remain in negative territory.
Taken together, the data suggests that bearish pressure is easing gradually, though confidence has yet to return. Until Chainlink decisively clears resistance or breaks below established support, the token is likely to remain range-bound as traders wait for clearer signals.
Bitcoin Hyper – Low Costs to the Top Cryptos’s Ecosystem
Following analysis of Chainlink’s price outlook, attention has also turned to infrastructure projects addressing limitations on other major networks. Bitcoin Hyper (HYPER) is one such initiative, positioning itself as a Solana-based Layer-2 designed to support smart contracts and higher-throughput applications that ultimately settle back to the Bitcoin blockchain.
The project situates itself within the broader BTCFi narrative, which explores extending Bitcoin’s functionality without altering its base protocol. Based on publicly disclosed information, the Bitcoin Hyper presale has raised approximately $29.96 million to date.
To buy $HYPER at its discounted presale price, simply head to the official Bitcoin Hyper website and link up your wallet. You can either swap USDT or SOL for this token or use a bank card instead.
