#山寨季何时到来

5.10 Market Overview: LTC Perfectly Exits Before Harvest Season

LTC64 is hesitant to enter because of the fear of continued decline, until it returns above the support level of 80 we start to accumulate and enter the spot market. Yesterday, we stealthily sold at 106.16, and this morning it accurately reached a high of 107.05. Although it's not the peak, it is very close to it.

LTC announced in February that it was added to the national strategic reserve by Trump, and it has been rising significantly since then, doubling to 147; afterward, it began to pull back, with fluctuations of about 10% in between; now this wave of strong LTC surge has also given us a 24% profit, which is considerable.

Looking at the chart, LTC seems to be in the stair-climbing phase. I believe LTC will continue to return near its previous high, but we will end here with all positions exited, waiting; when the opportunity for a pullback to around 90.94 comes, we will enter the spot market in batches.

On the right side, we wait for a pullback to 102.13 without breaking into a long position, or if it breaks down and then bounces back, we will enter long positions in the trend, defending at 100.99, targeting 104.74; now is a bullish trend, following the trend by buying at lows, and making breakout trades on the right side is safer even though the profit is slightly lower.

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