Derived from Bijié Wǎng, Chainlink (LINK) rose 2.74% in 24 hours, driven by Franklin Templeton's potential inclusion of LINK in a crypto ETF and the Bitwise Chainlink Spot ETF entering pre-sale. Spot market data shows buyers dominating since late November, with a positive CVD indicating bullish pressure. However, long-term holders continue to sell heavily, with an MFI of 35 reflecting ongoing downward momentum. LINK must break above $16 to sustain its upward trend.
LINK Rises 15% Weekly Despite Holder Sell-Off
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