财经少华
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Analyze Litecoin (LTC)
LTC has recently entered a bullish phase, with the goal of reaching an all-time high in 2025. The surge in derivatives financing has contributed to this — in the past day, the derivatives market added $437 million, with short sellers losing $3.48 million. Long positions dominate, accounting for over 52% of trading volume, the long-to-short ratio has broken 1, and the funding rate has turned positive, indicating a rise in bullish sentiment.
However, technical indicators are signaling a risk of a pullback: the RSI has entered the overbought territory (breaking above 70), suggesting that the buying momentum may be peaking.
Currently, LTC has entered a key supply zone, which has previously suppressed prices twice. If the upward momentum continues (trading volume has increased by 230% to $1.97 billion), it is expected to return to the 2025 high of $141.15 or even the December 2024 peak of $147. However, if sell orders dominate in the supply zone, it could trigger a significant price drop and long liquidations.
#LTC
LTC has recently entered a bullish phase, with the goal of reaching an all-time high in 2025. The surge in derivatives financing has contributed to this — in the past day, the derivatives market added $437 million, with short sellers losing $3.48 million. Long positions dominate, accounting for over 52% of trading volume, the long-to-short ratio has broken 1, and the funding rate has turned positive, indicating a rise in bullish sentiment.
However, technical indicators are signaling a risk of a pullback: the RSI has entered the overbought territory (breaking above 70), suggesting that the buying momentum may be peaking.
Currently, LTC has entered a key supply zone, which has previously suppressed prices twice. If the upward momentum continues (trading volume has increased by 230% to $1.97 billion), it is expected to return to the 2025 high of $141.15 or even the December 2024 peak of $147. However, if sell orders dominate in the supply zone, it could trigger a significant price drop and long liquidations.
#LTC
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LTC
120.9
+0.85%
