2026-01-07 22:23:28

$LINK The recent trend can be described as a textbook-level market game—big funds quietly withdrawing, leaving many retail investors stubbornly holding on at high levels. Data shows that currently, long positions account for as much as 74.6%, and liquidation data has already become quite severe.

From the market performance, LINK's price has fallen significantly, but technical indicators show signs of a rebound. However, there is a warning to be cautious: rebounds are often not a salvation and may instead signal the prelude to the next wave of decline.

From a trading perspective, key levels deserve attention. If the price rebounds to the 13.4 to 13.6 range, a short-term high may form. Meanwhile, around 13.15 could serve as a potential support. Given the current crowded long positions, rebound highs often carry risks.

Specifically, there are two trading strategies. One is to look for opportunities in the 13.41 to 13.58 zone, targeting 12.75, with a stop-loss set at 13.65. The second is if the price directly breaks below 13.27, which is also a short-sell signal, with the same target of 12.75.

The crypto market is a probability game; the key is to find the higher-probability opportunities. Given the current market structure—crowded longs and large fund withdrawals—rebounds often indicate deeper adjustments. Trade cautiously and manage risks.

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OnChainArchaeologist

· 5h ago

Large funds exit, retail investors take the fall. I'm tired of this routine. Is it the same rebound kill again? Short positions are lurking above 13.4. 74.6% bullish, hmm... this data needs to be reviewed.

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ChainComedian

· 01-07 22:53

It's the same old trick again, big players offloading and retail investors taking the blame. Another crowded long position at 74.6. Can it really rebound this time? Feels like a trap. Rebound at 13.4, then sell quickly. Don't overthink it. Such dense long positions, the rebound is just a smoke screen for distribution. Damn it, falling for the same trick again. When will we finally catch the real bottom?

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pumpamentalist

· 01-07 22:53

It's the same old trick again, big players run away leaving us to take the hit Retail investors buy the dip at high levels, I see this as just a "gift" A rebound is not a life-saving straw, this is the final blow before slaughter 74.6% bullish? Wake up everyone, this is a bloodbath in the making 13.4-13.6 is a trap, don't touch it, really Break below 13.27 and go short, bet if you're confident

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WhaleWatcher

· 01-07 22:51

It's the same old trick again, 74.6% long? Laughing to death, just waiting for a rebound to kill a wave. Retail investors are still dreaming, the big fish have already escaped, classic script. If it can't break 13.4, then it should be bearish. Don't ask me how I know. In this situation, a rebound is just a distraction, stay alert. The longs are so crowded, the market makers must be overjoyed. Speaking of which, why is it always this way? Large funds retreat, retail investors take the bait? 12.75 is the real test, everything before that is just foreplay.

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SignatureAnxiety

· 01-07 22:49

74.6% Longs haha, is this an invitation for me to buy the dip? --- It's the same rebound redemption theory again. Last time I heard this, I lost a lot. --- Big funds have already exited, retail investors are still sleepwalking. This script is truly perfect. --- If it can't break 13.4, I'll admit defeat. Those who don't want to be trapped, take a look. --- Crowded longs = slaughterhouse, no other reason needed. --- Wait for the pullback to 12 before talking. Buying now is just giving it away. --- The rebound is really just the last gentle moment before a drop. --- Anyone who believes in a technical rebound will die. Chainz is beyond saving this time. --- Stop loss at 13.65? I suggest going short all the way, simple and powerful. --- When the 74.6% long data appeared, I knew exactly what to do.

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GetRichLeek

· 01-07 22:45

74.6% Long... Isn't this just the trap the market maker is setting for retail investors? I knew the rebound was suspicious. --- It's that old trick of a rebound that quickly dies, just like last time. I also said so, and ended up being trapped at 13.5. --- Damn, the early birds have all run away, and we're still holding on here, really tough. --- Can the 13.15 support hold? Feels like it's about to break. --- Once the on-chain data comes out, you know it's a signal for the next round of decline. I bet it will drop straight to 12.75. --- Is the rebound a salvation? Wake up, everyone. The rebound is just the last chance to cut losses. --- I already said yesterday to short, and it looks like that strategy is pretty good, but I didn't dare to act. --- Crowded longs = death trap, I buy into this logic. --- If it breaks 13.27, just run, don’t give the market makers a chance to grind it out repeatedly. --- Are we going to bleed out together or make money together? Right now, it looks more like the former. --- This wave of correction, either buy the dip and get sent to death, or short and make a killing—there's no third way.

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SeasonedInvestor

· 01-07 22:40

Large funds run away, retail investors take the hit. This trick has been played out. It's the same old story of rebound and sell-off. After a while, it all becomes numb. 74.6% bullish... This data looks uncomfortable, the bearish feast is coming. 13.4 is a bit risky; the probability of a rebound trap is quite high. Honestly, if it breaks 13.27, go short immediately. Don't hesitate. This wave of correction might be even more intense than expected. Better to be cautious. It's a game of probabilities; the key is to survive until the next opportunity. When the bulls are crowded, it's often the most dangerous. An experienced insight.

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wrekt_but_learning

· 01-07 22:36

It's the same old trick, big players run away and retail investors take the fall, 74.6% bullish is just ridiculous --- A rebound is just a trap, this wave will definitely be smashed again --- Can 13.4-13.6 really stop the decline? Feels like breaking 13.27 is more likely --- Every time they talk about risk control, but we're still trapped, LINK is really a trap --- A textbook-level game? It's just a lesson in how to cut leeks --- Shorting at 12.75 is a bit greedy, how is the risk managed? --- Large funds quietly withdraw, I saw it coming a long time ago, they just don't want to sell --- This probability game is unplayable, better wait for news before making moves

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