Chainlink Up Above $16 Again, But Funding Rate Points to High FOMO
![](https://production-sanbase-images.s3.amazonaws.com/uploads/813cc88b70b02574517c493b910a7b4dcf28f558246d64b9c377d77e99fe63f4_1702017324508_Screenshot%202023-12-07%20222847.png)
🔗📊 #Chainlink's #Binance funding rate ratio has skewed toward mainly longs, the highest level in 4 weeks. As $LINK has regained the $16 threshold, watch if a bit of #FOMO forms a local top, or if prices continue surging toward $20 with little resistance.
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