LINK Breaks Out From $10.50 Support, SHIB Faces 59% Bearish Sentiment, Opportunity Shifts to Cold Wallet

LINK Breaks Out From $10.50 Support, SHIB Faces 59% Bearish Sentiment, All Eyes on Cold Wallet’s 4,900% ROI

Crypto momentum is shifting once again, as Chainlink (LINK) breaks out of a long-term pattern while Shiba Inu (SHIB) grapples with declining whale activity and rising short positions. LINK’s bounce from $10.50 support has reignited optimism, driven by on-chain partnerships and renewed ecosystem growth. On the other hand, SHIB faces strong resistance and waning interest from top traders and large investors. While these two assets battle near-term resistance, Cold Wallet $CWT is gathering interest at the presale level for very different reasons, practical utility, team credibility, and a clear long-term use case. Priced at $0.00714 with a projected launch at $0.351, Cold Wallet is attracting attention from investors looking beyond temporary price action.

Shiba Inu (SHIB) Bearish Signal: 59% of Traders Are Shorting

Shiba Inu is showing signs of stress as it tests a descending channel’s resistance zone around $0.00001195 to $0.00001200. Despite a modest 2.3% price increase, on-chain data reveals bearish undercurrents. Whale transactions over $1 million have dropped by 50% in the last three months, indicating reduced participation from large investors.

Coinglass reports a Long/Short Ratio of 0.69, confirming that 59% of top traders are shorting SHIB. Exchange inflows have risen, hinting at more selling pressure ahead. While Bitget’s CEO maintains a bold prediction of $0.0000600 by year-end, hitting that target would require a major shift in sentiment, technical momentum, and whale re-engagement. For now, SHIB remains one of the most divisive large-cap tokens on the charts.

Chainlink (LINK) Price Analysis: Bullish Reversal at $10.50 Support

LINK is gaining momentum after bouncing off its long-standing descending wedge support at $10.50. This move follows a period of consolidation and builds on a bullish divergence noted on both RSI and MACD indicators. The breakout has now been confirmed by price action, pushing LINK into short-term bullish territory.

This technical strength is being reinforced by fundamental progress. LINK has announced new integrations with Li.Fi and Capmoney, boosting its presence in decentralized finance. Additionally, the launch of “Chainlink Lounge” offers deeper community engagement and transparency. With growing adoption and rising sentiment, analysts suggest LINK could continue its climb as long as support holds and market conditions stay favorable.

Cold Wallet: Utility-Focused Token With a Clear Use Case

While SHIB deals with weak sentiment and LINK builds on chart patterns, Cold Wallet is appealing to a different kind of investor, those seeking sustainable value built on real-world utility. Its native token, $CWT, isn’t about hype. It’s designed to power governance, feature access, and reward systems across a privacy-first wallet platform.

With a crypto presale entry point of $0.00714 and a projected launch at $0.351, Cold Wallet offers a 4900% ROI window. The project is backed by a team of blockchain developers, ZK engineers, and Web3 strategists, building an ecosystem that combines stealth transactions, anonymous authentication, and real token-driven utility.

This isn’t a short-term trade. Cold Wallet’s architecture supports institutional-grade privacy and is structured for growth as adoption scales. For serious investors, the fundamentals are clear: it’s priced for entry, built for purpose, and led by a team that’s engineering the next phase of user-focused crypto finance.

Final Call for Smart Investors

SHIB is facing bearish pressure from traders and declining whale interest, while LINK is turning bullish after its $10.50 breakout and strong DeFi partnerships. But the most strategic opportunity may lie in Cold Wallet, where value is being created at the foundational level.

With $CWT utility already defined and a 4900% upside between its $0.00714 presale and launch target, Cold Wallet offers more than hope as it delivers clarity, privacy, and a functional roadmap. In a market where most coins chase attention, Cold Wallet is being built to keep it.

Explore Cold Wallet Now:

Presale: https://purchase.coldwallet.com/

Website: https://coldwallet.com/

X: https://x.com/ColdWalletToken

Telegram: https://t.me/ColdWalletTokenOfficial

Disclaimer: The text above is an advertorial article that is not part of bitcoininfonews.com editorial content.