Chainlink Extends Rally as Open Interest Surges With Strong Buyer Demand
Chainlink isn't just climbing—it's dragging the entire oracle sector up with it. Forget gradual gains; this rally's fueled by institutional-grade demand that's rewriting the rulebook for decentralized data feeds.
Open Interest Explodes
Derivatives markets are screaming conviction. Surging open interest means big money's not just dipping toes—they're diving in headfirst, betting this run has serious legs. It's the kind of momentum that makes paper hands tremble and traditional finance quants scratch their heads.
The Demand Engine
What's driving the frenzy? Real-world asset tokenization needs bulletproof data, and Chainlink's network is becoming the go-to plumbing. Smart contracts are hungry for reliable price feeds, and LINK is the fuel. This isn't speculative froth; it's utility-driven accumulation—the kind that builds foundations, not just castles in the air.
Beyond the Hype Cycle
Sure, crypto loves a good narrative, but this move feels different. The surge coincides with a broader awakening: you can't have a trillion-dollar DeFi ecosystem running on shaky data. Chainlink's rally reflects a market finally pricing in infrastructure—boring, essential, and wildly profitable.
One cynical finance jab? Wall Street spends millions on data subscriptions that are less reliable than a global decentralized network they still call 'experimental.' Maybe the revolution won't be televised—it'll be oracle-verified.
Bottom line: When open interest surges alongside price, smart money's making a statement. This isn't a fluke; it's a validation of the entire data layer thesis. The rally's just getting started.
The market structure has shifted firmly bullish on lower timeframes, supported by sustained leverage inflows, renewed spot activity, and improving technical conditions that indicate strengthening buyer conviction.
Open Interest Climbs to Multi-Week Highs
On the 1-hour chart, LINK shows a decisive breakout following its deep pullback toward the $11.50–$12.00 zone earlier this week. After bottoming NEAR December 2, buyers stepped in aggressively, driving a continuous series of higher highs and higher lows. This impulsive rally lifted the token back above $14, marking one of the steepest recoveries in recent sessions.
Source: Open Interest
Open interest (OI) confirms the shift in momentum. Aggregated OI has risen steadily from the 220M region to 267.6M, showing a consistent expansion of long positioning as price climbed. This synchronized increase in both price and OI indicates fresh capital entering the market rather than short covering. The trend reflects renewed confidence among market participants, with Leveraged buyers supporting the move instead of reacting to liquidations.
The strong alignment between price strength and rising OI places the asset firmly in bullish short-term territory, provided the market maintains positions above the $14 support band.
Data Shows LINK Up 12.33% as Volume Surpasses $873M
BraveNewCoin lists LINK at $13.55, up 12.33% in the past 24 hours, marking one of the strongest performances among large-cap altcoins. Market capitalization stands at $9.44B, while reported volume has exceeded $873M, signaling broad participation from both traders and spot buyers.
The price rebound follows a successful defense of the $12–$13 demand area, where the token historically attracts accumulation.
The recent surge suggests a shift away from the slower consolidation that characterized the past week, with buyers now controlling short-term direction. The sustained increase in liquidity underscores growing market engagement, aligning with the recovery visible on the intraday chart.
With the token pushing back into the mid-teens, the next test lies in holding this reclaimed momentum as the asset approaches broader resistance zones.
Indicators Strengthen as MACD and CMF Align With Bullish Bias
On the daily chart, LINK trades around $14.53, up 7.9%, posting one of its most substantial green candles in weeks. The MACD shows meaningful improvement: the MACD line has lifted to -0.60, curling toward the signal line at -0.87, while the histogram has flipped positive at 0.27. This reflects a clear reduction in bearish pressure and early signs of a momentum shift.
Source: TradingView
The Chaikin Money FLOW (CMF) has also climbed sharply, now near -0.01 after spending an extended period in deeper negative territory. The improvement indicates easing outflows and returning capital inflow, consistent with the rising volume seen across spot markets. While CMF has not yet moved firmly above zero, its upward trajectory supports the price recovery structure and suggests strengthening market participation.
Key focus now rests on maintaining support above $14–$15, as holding this zone WOULD create the foundation for a potential continuation into $17–$18, with the major resistance ceiling at $19.53 still defining the broader trend boundary.
