#代币流动信号 Based on the latest on-chain data and market analysis, the following are token flow signals and market trends related to Litecoin ETF:

Token flow signals

1. A surge in trading volume

Litecoin’s daily trading volume reached $9.6 billion on February 21, a significant increase from before. The surge was mainly attributed to the market's optimistic expectations for the approval of the Litecoin ETF, which boosted investors' trading enthusiasm.

2. Increased whale activity

On-chain data shows that large investors (whales) are actively accumulating Litecoin. This trend indicates that institutional and big money interest in Litecoin is increasing. Additionally, Litecoin’s market capitalization increased by 46% between February 2 and February 19, reflecting a significant increase in investor interest.

3. Changes in exchange net flows

According to data from IntoTheBlock, Litecoin traders conduct arbitrage operations during price fluctuations, typically withdrawing LTC from exchanges to hoard coins when prices are low and increasing deposits when prices rise. This pattern suggests that Litecoin price could trade between $90 and $130.

4. Price volatility and profit taking

Although Litecoin had gained as much as 13% in the past week, it experienced a 5.7% pullback on February 21. The pullback is seen as a result of profit-taking by short-term traders, but the overall market sentiment remains positive.

Market Trends and Future Outlook

1. Price range exceeds expectations

Litecoin is currently range-bound between $90 and $130. Analysts believe that once the Litecoin ETF is approved, its price is expected to break through the key resistance level of $130 and enter a new upward range.

2. Technical indicators are improving