Chainlink has been under pressure lately, turning red for four consecutive months straight—and here's what makes this noteworthy: the last time LINK saw such a prolonged red streak was back in 2021. That kind of extended downtrend doesn't happen often in the token's trading history, which makes the current price action worth monitoring closely. Whether this signals a deeper consolidation phase or marks the bottom before recovery remains to be seen, but comparing it to previous cycles provides useful context for traders analyzing the broader market structure.