The recent price trend of Litecoin (LTC) shows a significant upward fluctuation, with overall market sentiment leaning towards optimism. Below is an analysis of its price trend:

1. Short-term trend: The current price of Litecoin is approximately $133, with a daily increase of 3.03% and a trading volume of $1.494 billion. From a technical analysis perspective, Litecoin is in a fluctuation trend, with price and trading volume rising in sync, indicating strong market buying interest and sufficient upward momentum. However, there have also been some signs of recent pullbacks, such as a price drop of 3.52% on February 20, along with a decrease in trading volume.

2. Key resistance and support levels: The key resistance level for Litecoin is around $130. If it can effectively break through and stabilize above this level, further upward space will open up. Conversely, if it falls below the support level of $120, market sentiment may turn cautious, suppressing the upward trend.

3. ETF expectations and institutional attention: Market expectations for a Litecoin ETF continue to rise, with Bloomberg predicting a 90% chance of approval. Polymarket data also shows a probability of 84%. Once the ETF is approved, Litecoin will attract more institutional funds, further driving up the price.