Family, Hao is here to give everyone an overview of the Litecoin (LTC) market, combining the latest market dynamics and on-chain data, providing you with in-depth insights from technical analysis to industry trends! Let's first discuss the current market momentum and capital flow. Recently, Ethereum (ETH) has been incredibly strong, breaking through its historical high and reaching above $4,950, which has attracted a lot of capital. As a result, Bitcoin (BTC) and many altcoins have been affected; after BTC dropped below $111,000, Litecoin also faced short-term pressure and seems a bit sluggish. Now, let's look at the key levels. The strong support area is $110–$115, where there is a dense cluster of recent lows. As long as it can hold, a rebound is very likely to be triggered. The breakout targets should also be clear: in the short term, if it stabilizes above $120, first look for $126, and then the resistance area at $130; if it can break above $130 in the medium term, the target will be $150, or even $180, but that will need a boost from favorable news like an ETF. Risks must also be heeded, with a warning line: if it drops below $110, it may accelerate down to the $100–$105 range, which is the miners' cost area, putting significant pressure. On the bullish side, we must firmly hold the support at $110–$115, betting on the rebound brought by ETF expectations and macroeconomic favorable news like the Federal Reserve's interest rate cuts. For the bears, if it breaks below $110, or if BTC continues to weaken, then it’s a good opportunity to short, targeting the $100–$105 range. Finally, regarding today's operational strategy, Hao suggests trying to short around $116.10–$117.88, initially looking for $114.65, and if the trend is favorable, then targeting $112.38. As always, the market has risks, so be cautious in your operations, don’t blindly follow the trend, and act according to your own situation! If you have any questions, feel free to call me in the comments section.