Huge difference between Litecoin and Ethereum. Litecoin can be seen truly trading at bottom prices. It would be an understatement to say that it is still early.
Why the market isn't likely to drop?
Because we are already at the bottom, from the bottom we grow.
Why is the market very likely to move up?
Because we are seeing price action happening low-near support, from the bottom we grow.
Look at May 2021. The All-Time High.
From the top, a bear market develops.
When the bearish cycle hits bottom the market goes sideways until the next bullish cycle starts.
So Litecoin has been sideways since June 2022, the bear market bottom. All this time is a long-term consolidation period. From this still bottom we grow.
Litecoin is preparing for a new bull market, something like 2021.
Be ready for growth. (A new All-Time High is possible!)
Namaste.