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$LINK Empty Empty Empty📉
Chainlink node operators collectively sell off tokens, coupled with the continuous shrinkage of DeFi staking volume, causing LINK to be hammered down, and no one is willing to take the risk.
Technical analysis on the 1-hour chart: price breaks below the lower Bollinger Band, KDJ shows a death cross and divergence, indicating bearish dominance.
First target: 8.30
Second target: 7.70
Stop loss: 8.90
$btc $ETH