#LINK LONG LIQUIDATION ALERT ⚠️
The market just flushed $8.16K in long positions at $8.397 — a sharp reminder that bullish momentum can disappear in seconds.
This kind of long liquidation signals that buyers got overconfident. Price likely dipped fast, triggering stop losses and forcing longs out of their positions. When this happens, it often adds extra downside pressure as liquidations stack and momentum accelerates.
Right now, LINK is showing weakness in the short term. If sellers stay in control, we could see price drift toward the next support zone around $8.10–$7.90. But if buyers step back in and reclaim the $8.40 level quickly, this could turn into a fake breakdown and trap late sellers.
This is where patience matters — chasing after a drop can be just as risky as chasing pumps.
The market just shook out the weak hands… now it decides the real direction.
