The post Chainlink price tests key level after Bitwise ETF debut appeared on BitcoinEthereumNews.com. Chainlink price is hovering near the top of its recent rangeThe post Chainlink price tests key level after Bitwise ETF debut appeared on BitcoinEthereumNews.com. Chainlink price is hovering near the top of its recent range

Chainlink price tests key level after Bitwise ETF debut

2026/01/15 13:49
Okuma süresi: 3 dk
Bu içerikle ilgili geri bildirim veya endişeleriniz için lütfen crypto.news@mexc.com üzerinden bizimle iletişime geçin.

Chainlink price is hovering near the top of its recent range with traders watching for a decisive move following the launch of the Bitwise Chainlink ETF.

Summary

  • LINK is consolidating as volatility tightens and leverage cools.
  • ETF launch improves access despite short-term trading currently cautious.
  • Technical setup points to a sharp move once range breaks.

LINK was trading around $13.84 at press time, down 1.5% on the day. Despite the dip, the token is still up 3.7% over the past week and more than 8% over the last month, showing steady upward drift rather than sharp momentum.

Spot trading activity has cooled slightly. Daily volume slipped to about $618 million, down 0.4%. Derivatives data tells a similar story. CoinGlass data shows futures volume down 2.8% to $872 million, while open interest edged lower by 0.4% to $668.8 million.

When both metrics fall together, it usually points to traders reducing leverage and waiting for a clearer direction rather than pressing new bets.

ETF launch and fundamentals add context 

The Bitwise Chainlink ETF (CLNK) officially began trading on NYSE Arca on Jan. 14, making it the second U.S. spot ETF offering direct exposure to LINK after Grayscale’s GLNK launch in December.

The fund is physically backed by Chainlink (LINK) held with Coinbase Custody, with BNY Mellon handling cash operations. Bitwise set a 0.34% management fee, waived for the first three months on up to $500 million in assets to encourage early participation.

On its first day, the ETF recorded $2.59 million in net inflows, $3.24 million in trading volume, and a net asset value of $5.18 million. Staking is not supported at this stage.

While the initial inflows were modest, ETF launches often have a delayed impact. They lower the friction for institutions and advisors who cannot access tokens directly, which can slowly improve liquidity and reduce reactive selling during pullbacks.

Beyond the ETF, Chainlink has seen several supportive developments this month. A draft version of the U.S. Digital Asset Market Clarity Act proposes treating LINK as a network token under CFTC oversight, potentially easing long-term regulatory risk. 

Additionally, Chainlink recently introduced Confidential Compute at the protocol level, a feature targeted at institutional and enterprise use cases that permits private off-chain execution with on-chain settlement.

Chainlink price technical analysis

From a technical perspective, LINK is clearly in consolidation mode. Price has been holding between roughly $13.00 and $14.20, forming a tight base after the ETF launch.

Candles have smaller bodies and limited wicks, showing neither buyers nor sellers are pushing aggressively. This type of price action often appears before expansion.

Chainlink daily chart. Credit: crypto.news

Bollinger Bands are now tightly compressed, confirming a low-volatility regime. Prices often move sharply when they break out of the band. 

Momentum indicators lean constructive but not stretched. There is space for follow-through as the relative strength index is close to 58. The average directional index indicates that trend strength is still developing rather than fully established, and the MACD is in positive territory.

Support is clearly defined between $13.00 and $13.20, which corresponds to the 20- and 30-day moving averages. The structure remains intact as long as the price stays above this range on daily closes. A clean break below $13 would likely invite a deeper pullback toward the $12.80 region.

On the upside, resistance sits at $14.00–$14.20. This level has  capped price multiple times and lines up with short-term horizontal supply. A daily close above $14.20, especially with rising volume, would open the door toward $15.00, where the 100-day moving average comes into view.

Source: https://crypto.news/chainlink-price-breakout-volatility-bitwise-etf-2026/

Piyasa Fırsatı
NEAR Logosu
NEAR Fiyatı(NEAR)
$1.2482
$1.2482$1.2482
-0.65%
USD
NEAR (NEAR) Canlı Fiyat Grafiği
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen crypto.news@mexc.com ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Paylaş
BitcoinEthereumNews2025/09/18 00:09
Solana Price Prediction: ARK Projects $300B Liquidity Rebound as Pepeto Targets 267x From Presale

Solana Price Prediction: ARK Projects $300B Liquidity Rebound as Pepeto Targets 267x From Presale

After months of pressure on risk assets, the tide may finally be turning. ARK Invest expects roughly $300 billion to flow back into markets as the Treasury General
Paylaş
Techbullion2026/03/10 09:06
Dogecoin ETF DOJE smashes day-one line with nearly $6M in first hour

Dogecoin ETF DOJE smashes day-one line with nearly $6M in first hour

REX-Osprey’s Dogecoin ETF, ticker DOJE, opened on Sept. 18 and logged about 5.8 million dollars in its first hour of trading, according to Bloomberg’s Eric Balchunas as relayed by market coverage. That level exceeds typical first-day prints for new ETFs. Before the bell, Balchunas had set an opening-day “over under” of 2.5 million dollars in […] The post Dogecoin ETF DOJE smashes day-one line with nearly $6M in first hour appeared first on CoinChapter.
Paylaş
Coinstats2025/09/19 01:23