Family, today Brother Yang is here to chat about the market of Litecoin (LTC), it's all practical insights, and you'll feel enlightened after reading it～

First, let's look at the moving averages as a "traffic light": the 5-day and 10-day moving averages have crossed into a death cross, like giving a charge order to the bears. The price has slid from $112 to $109, steadily falling in small steps, clearly a stronghold for the bears. The 200-day moving average is holding at $102, which is the "last defense line"; if breached, panic selling will surely unfold, and the scene will be absolutely chaotic.

The MACD is more direct, with green bars below the zero line growing like inflating balloons, indicating that the downward momentum is still intensifying. The price keeps diving toward the lower Bollinger Band at $108, looking oversold but without any volume for a rebound, weak as if it hasn't eaten enough.

The market is currently performing a "contradiction play": short-term, it is dragged down by regulatory pressures and miner sell-offs, but the long-term halving cycle provides support, with bulls and bears secretly contesting behind the scenes～

Remember the key positions: the bulls' first defense line is at $105; if it breaks, watch for $90; want to reverse the trend? It needs to stabilize above $125 with volume.

In terms of strategy, let's first be "observers" and wait for Wednesday's event to unfold. If $105 holds and there’s no bad news, the shorts can close; if it breaks, then chase shorts down to $100.

Today's trading direction: go long near $110.11, first eyeing $111.45, then pushing for $113.22! Keep risks tight, manage your small positions with stop-losses carefully, and don’t get tricked by the market～#LTC📈