LINK Market Update and Setup Thursday 1/1/2026
- Jan 1
- 1 min read
LINK and the LINK/BTC pair are both trading with indecisive candles, reflecting a slow and uncertain market environment typical of the year-end transition.
LINKBTC is moving very slowly around the 0.000140 BTC support level and is also pressing against its daily lower high trendline. A clear and sustained breakout above that trendline would be an important technical development and would likely trigger renewed upside momentum in LINK itself.
⚠️ LINK is currently trading near the $12.00 daily support, a level that has historically attracted buyers. A bullish reaction from this area would set the stage for a move toward $16.00 and potentially higher, provided broader market conditions remain supportive.
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