$LTC No need to say more, 111 enters the market and wakes up at 121, what does it mean to wake up at 10 o'clock?
Moreover, when I pushed it to fans yesterday afternoon, I already said that those who want to hold long-term can see above 125, currently it is already 123, only two points of space left!!!
Currently, LTC is just bouncing back and forth in the range, neither up nor down which is really annoying!
From a technical perspective, the moving averages are all nicely aligned, and there was a engulfing pattern, it looks like it wants to surge up; but the volume is not keeping up, and the RSI is almost overbought to the point of bursting, clearly indicating a short-term pullback rhythm, this tug-of-war between bulls and bears can drive a person insane!
The external environment is just so-so, market sentiment is neither hot nor cold, and there isn't much major movement on the macro front. The news is like half fire and half seawater — Bitcoin ETF funds are running out, Layer 2 lock-up volumes have plummeted, which pours cold water on the market, but the Federal Reserve may cut interest rates, and there’s some easing from regulators, which gives a bit of warm wind.
Now the price is almost touching the 121.72 barrier, this position is very hard, if it can't break through, it will have to drop to 114.49, which is a tough nut to crack; if it can't hold, it will be even more troublesome!
I've already set the point for the next big market movement in advance, taking you to easily make profits while lying down in full position!
