Chainlink (LINK) has demonstrated potential support at the $9.00 mark, largely due to significant buy orders from major investors, often referred to as 'whales'.
The current market environment, especially the volatility seen in Bitcoin prices, has introduced a level of uncertainty for Chainlink.
This scenario places Chainlink at risk of experiencing a price drop of up to 18%, stressing the strategic positioning of buy orders between $8 and $9.
