Crypto markets often move on positioning before the price reacts. In the final days of January, attention is shifting toward a small group of ‘made in USA coins’ that are no longer trending with the broader market, but are instead showing early signs of major shifts, both bullish and bearish.
As the market looks for direction heading into February, these three made in USA coins stand out based on price structure, on-chain positioning, momentum signals, and accumulation patterns.
Chainlink (LINK)One of the first made in the USA coins to watch this week is Chainlink. LINK price has struggled recently, falling around 7.5% over the past seven days and roughly 3.6% over the past 30 days. On the surface, the trend still looks weak, but underlying signals are starting to shift.
From an on-chain perspective, Chainlink is trading at a relatively low 30-day MVRV level. MVRV compares the average holder’s cost basis with the current price.
When it turns negative, it suggests many traders are sitting on losses, which historically reduces sell pressure and lowers downside risk. In simple terms, LINK is no longer crowded with short-term profit takers.