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Chainlink formed a double-bottom pattern, pointing to a potential rebound, as signs showed that some whales were accumulating the token. Chainlink, the biggest oracle provider, bottomed at $20.12 on Friday and rebounded to $22.50 on Sunday, Dec. 22. Still, the coin remains about 27% from its highest point this month, meaning that it is in a bear market. A potential catalyst for the $LINK token is that whales are accumulating it. According to Look On Chain, nine new wallets withdrew 362,380 coins from Binance in the last two days. These coins are now valued at over $8.19 million. Crypto news reported last week that another whale accumulated 65,000 $LINK coins valued at $1.8 million These whales bought Chainlink a week after World Liberty Financial (WLFI), the DeFi platform launched by the Trump family, bought over 78,300 $LINK tokens valued at over $1.7 million. It’s worth noting that President-elect Trump and his family mostly own WLFI tokens. Chainlink, known in the crypto industry for its fundamentals, is the biggest oracle in the sector with over $35 billion in total value secured. That figure is higher than its biggest competitors like Chronicle, Pyth, Edge, and Redstone. Chainlink’s ecosystem will likely grow as more chains and networks embrace its technology. Justin Sun’s Tron, the most recent chain to use its oracles, has switched from WINKLink to Chainlink. Chainlink has also formed major partnerships in the Real World Asset tokenization industry, including by companies like Coinbase, Emirates NBD, SWIFT, and UBS. Chainlink price formed a double-bottom pattern $LINK , like other cryptocurrencies, has dropped sharply in the past few days as concerns about the Federal Reserve remained. The token has remained above the 50-day moving average on the daily chart. Most importantly, it has formed a double-bottom chart pattern at $20.12. This pattern happens when an asset fails to move below a specific price two times. It is one of the most bullish reversal patterns in the market. $LINK has also formed an inverse hammer pattern, a popular reversal sign. Therefore, the coin is likely to bounce back in the next few days as investors target the key psychological at $30, which is about 35% above the current level. On the flip side, the bullish view will become invalid if the coin drops below the double-bottom point at $20.12.

Sui ($SUI) has been making waves in the decentralized finance (DeFi) space, and its market position is worth exploring. As a layer-1 blockchain, Sui aims to provide high throughput, low latency, and scalable infrastructure for various applications, including DeFi, NFTs, and gaming ¹. *Key Strengths:* - _Scalability_: Sui's consensus algorithm, which combines Narwhal and Bullshark, enables high-throughput parallel processing, making it an attractive platform for DeFi applications ¹. - _Object-centric global storage_: Sui's unique storage model allows for efficient data management and retrieval, reducing latency and increasing overall performance ¹. - _Move programming language_: Sui's use of the Move language provides a secure and flexible framework for building smart contracts and decentralized applications ¹. *Ecosystem and Partnerships:* Sui's ecosystem is growing rapidly, with various projects and applications across DeFi, gaming, and NFTs. Some notable partnerships include Turbos Finance, a non-custodial DEX backed by Jump Crypto, and Pyth Network, a first-party financial oracle network ¹. *Tokenomics:* Sui's tokenomics are designed to incentivize participation in the ecosystem. The total supply is capped at 10 billion tokens, with a significant portion allocated to the community reserve and early contributors ¹. *Market Performance:* After a slow start, Sui's price has been gaining momentum, with a 90-day price action looking bullish ¹. As interest returns to the crypto industry, Sui's unique features and growing ecosystem position it for potential growth in the DeFi space. Overall, Sui's market position in DeFi and applications is promising, with a strong focus on scalability, security, and flexibility. As the ecosystem continues to grow and mature, Sui is definitely worth keeping an eye on.

Sui ($SUI) has been making waves in the decentralized finance (DeFi) space, and its market position is worth exploring. As a layer-1 blockchain, Sui aims to provide high throughput, low latency, and scalable infrastructure for various applications, including DeFi, NFTs, and gaming ¹. *Key Strengths:* - _Scalability_: Sui's consensus algorithm, which combines Narwhal and Bullshark, enables high-throughput parallel processing, making it an attractive platform for DeFi applications ¹. - _Object-centric global storage_: Sui's unique storage model allows for efficient data management and retrieval, reducing latency and increasing overall performance ¹. - _Move programming language_: Sui's use of the Move language provides a secure and flexible framework for building smart contracts and decentralized applications ¹. *Ecosystem and Partnerships:* Sui's ecosystem is growing rapidly, with various projects and applications across DeFi, gaming, and NFTs. Some notable partnerships include Turbos Finance, a non-custodial DEX backed by Jump Crypto, and Pyth Network, a first-party financial oracle network ¹. *Tokenomics:* Sui's tokenomics are designed to incentivize participation in the ecosystem. The total supply is capped at 10 billion tokens, with a significant portion allocated to the community reserve and early contributors ¹. *Market Performance:* After a slow start, Sui's price has been gaining momentum, with a 90-day price action looking bullish ¹. As interest returns to the crypto industry, Sui's unique features and growing ecosystem position it for potential growth in the DeFi space. Overall, Sui's market position in DeFi and applications is promising, with a strong focus on scalability, security, and flexibility. As the ecosystem continues to grow and mature, Sui is definitely worth keeping an eye on.

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$PYTH 📊 PYTH/USDT Technical Analysis: Breakout Loading or Range-Bound? 🚀 The PYTH/USDT pair is currently trading at $0.4661, showing subtle movements as it hovers near key technical levels. The market is at a tipping point, and here’s what you need to watch! 🔑 Key Levels to Watch: Support: Strong support lies at $0.45. If the price holds this level, it could attract buyers for a potential rebound. Resistance: Immediate resistance stands at $0.48. A decisive breakout above this could open the door for a push toward $0.50 and beyond. 📈 Entry Strategy: Long Position: A breakout above $0.48 with strong volume could signal bullish momentum, targeting $0.50-$0.52. Short Position: If the price gets rejected at $0.48 and slips below $0.45, it may trigger a short opportunity with targets around $0.43. 💡 Market Insight: PYTH/USDT is consolidating within a tight range, signaling indecision. A breakout above resistance could drive a new trend, while a failure to hold support might lead to short-term pullbacks. Conclusion: The $0.45-$0.48 range is critical—keep an eye out for volume and breakout signals. Smart traders know: consolidation often precedes a move. Are you ready? 🚀📊