Chainlink is one of the most successful projects at the moment and I am very surprised by the current value of this coin. I think with the current investment trends, investors will feel more interested in choosing to invest and this will certainly be one of the most successful Defi projects this year. I bought this coin a few months ago and am still holding it because it is still possible to reach new ATH.
Just like you, I was surprised and did not expect Chainlink big bullish and be ranked 5th in the market capitalization now.
Chainlink is down a few%, but most likely it will go up again is still high, Chainlink will make another ATH again.
People already have a very good expectation on this Chain Link coin, due to market situation the price of Link coin decreases its price, but once the Bitcoin market become stable the price of Link coin will easily cross it's NEW ATH, I don't know why this coin has become very bullish in the market.