Chainlink price nears breakout as Bollinger Bands tighten after Bitwise LINK ETF launch

cryptonews01-15

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 ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2603737806?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-15 13:47","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2603737806","market":"fut","top_or_hot":-1,"title":"Chainlink price nears breakout as Bollinger Bands tighten after Bitwise LINK ETF launch","media":"cryptonews","content":"<div>\n<p>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.\n\n\nSummary\n\n\n\nLINK is consolidating as ...</p>\n\n<a href=\"https://crypto.news/chainlink-price-breakout-volatility-bitwise-etf-2026/\">Source Link</a>\n\n</div>\n","source":"crypto_news_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chainlink price nears breakout as Bollinger Bands tighten after Bitwise LINK ETF launch</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChainlink price nears breakout as Bollinger Bands tighten after Bitwise LINK ETF launch\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-01-15 13:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/chainlink-price-breakout-volatility-bitwise-etf-2026/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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.\n\n\nSummary\n\n\n\nLINK is consolidating as ...</p>\n\n<a href=\"https://crypto.news/chainlink-price-breakout-volatility-bitwise-etf-2026/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FDN","symbol_name":"First Trust Dow Jones Internet I","start_time":0,"source_url":"https://crypto.news/chainlink-price-breakout-volatility-bitwise-etf-2026/","article_id":"2603737806","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/chainlink-price-breakout-volatility-bitwise-etf-2026/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2603737806","pubTimestamp":1768456070,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"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.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.The Bitwise Chainlink ET","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"FDN":"First Trust Dow Jones Internet I","LINK":"Interlink Electrs Inc","BK4550":"红杉资本持仓","BK4588":"碎股","BK4585":"ETF&股票定投概念","BK4157":"电子设备和仪器","CLNK":"Bitwise Chainlink ETF"},"translate_title":"Bitwise LINK ETF推出后布林线收紧，Chainlink价格接近突破","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CLNK":1,"LINK":1.5,"FDN":1.5},"content_text":"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.\n\n\nSummary\n\n\n\nLINK is consolidating as volatility tightens and leverage cools.\nETF launch improves access despite short-term trading currently cautious.\nTechnical setup points to a sharp move once range breaks.\n\n\n\nLINK 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.\nSpot 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. \nWhen both metrics fall together, it usually points to traders reducing leverage and waiting for a clearer direction rather than pressing new bets.\nETF launch and fundamentals add context \nThe 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.\nThe 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. \nOn 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.\nWhile 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.\nBeyond 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. \nAdditionally, 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.\nChainlink price technical analysis\nFrom 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. \nCandles have smaller bodies and limited wicks, showing neither buyers nor sellers are pushing aggressively. This type of price action often appears before expansion.\nChainlink daily chart. Credit: crypto.news\nBollinger Bands are now tightly compressed, confirming a low-volatility regime. Prices often move sharply when they break out of the band. \nMomentum 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.\nSupport 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.\nOn 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.\n\n\n\n\n\n                Read more:\n            \n\n                XRP eyes institutional flip as Ripple builds ‘Wall Street kit’ for banks","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"productRelease","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.1","shortVersion":"4.36.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2603737806","isCrawlerRequest":true}