#PriceTrendAnalysis The analysis of Litecoin (LTC) price trends shows dynamic behavior in the recent market. Below is a summary of its current performance:

Recent performance:

Current price: 128.01 USD

Change from the previous close: -2.57 USD (-1.97%)

Intraday high: 138.79 USD

Intraday low: 123.95 USD

Trends and influencing factors:

Institutional interest: The U.S. Securities and Exchange Commission (SEC) is reviewing a Litecoin ETF proposal submitted by CoinShares. Bloomberg analysts estimate a 90% probability of approval in 2025, which could attract significant institutional investments.

Accumulation by large investors: In the last two weeks, approximately 512 million dollars in LTC have been acquired by large investors, indicating confidence in the bullish potential of the cryptocurrency.

Open interest at highs: Litecoin's open interest has reached 869 million dollars, the highest level since May 2021, suggesting renewed interest and activity in the LTC derivatives market.