Family, today Brother Hao will take everyone to deeply analyze Litecoin (LTC), combining the latest market data, and providing a comprehensive analysis from technical, fundamental, and market sentiment perspectives to offer reliable references for everyone's investment!
First, let's talk about key support and resistance levels. The range of 105 - 110 is seen by many analysts as a 'buying opportunity zone'; if it breaks down, it may trigger a new round of sell-off, potentially dropping to the psychological level of 100 dollars, so this position must be closely monitored. Then there's the range of 115 - 116, which has been tested multiple times recently as a short-term support; if it is lost, the price is likely to accelerate downward, so those holding long positions should be cautious. As for resistance levels, 125 - 126 is a strong resistance zone, where LTC has repeatedly surged to this level and then pulled back in August 2025. To break through, there must be sufficient volume to support it; otherwise, it will be difficult to push through.
Now let's discuss the broader environment. Bitcoin's dominance has risen to 58.59%, and the market's risk aversion is particularly strong. For altcoins like LTC, liquidity has been diverted, and prices are naturally suppressed, making it somewhat difficult for them to rise. Moreover, the open interest in LTC futures has reached 1.26 billion dollars, setting a historical record. High leverage can exacerbate price volatility, increasing the risk of liquidation. If there are massive liquidations, it could easily trigger a sharp decline, so everyone must control their positions and leverage carefully when trading.
The macro environment also has a significant impact on LTC. The probability of the Federal Reserve cutting interest rates in September is currently at 86%, but it is still fluctuating. If the rate cut materializes, risk assets will benefit, and LTC's price may be driven up; if not, it may continue its downward correction trend, so everyone should keep a close eye on the Federal Reserve's movements.
Finally, Brother Hao's trading strategy for today: you can go long around 113.50 - 115.10, with the first target at 117.25, and if the upward momentum is strong, then look towards 119.