LINK price reaches $25.61 per coin, up 2.11% on the day

ChainLink today's market news, LINK latest price: $25.61, down -2.252% in 24 hours, trading volume $3.27 billion 

As you can see from the k-chart, it is now in an oscillator trend. It is slightly up compared to 17:00, slightly down compared to 16:00 and down from 14:00. Lower prices but higher trading volume usually indicates increased selling pressure and sellers are aggressively shipping.
This could be because the market is pessimistic about future prices or there is negative news that triggers panic selling. In this case, prices may continue to fall in the future because of selling pressure and pessimistic market sentiment. Investors should be wary of prices breaking below key support levels, which, if breached, could lead to a sharper decline.
Price is moving down and selling pressure is increasing. The Williams Indicator states that it is now classified as not overbought and oversold. Trading volume has increased recently, trading volume is higher than in the previous hours, price is falling and trading volume is rising: selling pressure is increasing.
Market sentiment is still pessimistic, the rise may be difficult to sustain, it is recommended to be cautious and wait and see, do not blindly add positions.

The above is for reference only and does not constitute investment advice.