The recent price trend of Litecoin (LTC) shows a clear 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 an intraday increase of 3.03% and a trading volume reaching $1.494 billion. From a technical analysis perspective, Litecoin is in a fluctuating trend, with price and trading volume rising in sync, indicating strong market buying interest and sufficient upward momentum. However, there have been some signs of recent corrections, such as a 3.52% price drop 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, it will further open up upward space. Conversely, if it falls below the support level of $120, market sentiment may turn cautious, and the upward trend will be restrained.

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

4. Long-term trend: In the long term, Litecoin's trend is similar to that of XRP (Ripple), and it may face a significant rise in the future, potentially breaking through $600. However, investors need to pay attention to changes in macroeconomic factors and regulatory policies, as these factors may have a direct impact on Litecoin's market behavior.