Chainlink (LINK), as one of the most important oracle networks in the blockchain industry, has experienced a sharp fall in the past 24 hours. The current price is AUD $23.60, with LINK down 6.19%, significantly underperforming the overall crypto market, which is down 2.78%. This pullback is attributed to a waning excitement over potential ETF listings, the unwinding of derivatives positions, and technical weakness below key moving averages. Despite the fall, many analysts believe this could be a potential accumulation zone for long-term investors. This article explores the main reasons for Chainlink's decline, short-term and long-term price predictions, and how investors can maximize returns amid this volatility using Gate.com.
11/12/2025, 5:57:08 AM