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The crypto market has many good opportunities, and Litecoin is a trap for the smart, specifically designed to harvest self-conceited investors.
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$LTC Litecoin's current bull market is unlikely to break $200
Reason: Although Litecoin has a solid fundamental basis and many 'should be' strong reasons, its chips are too dispersed, with many retail investors being 'heavy cars,' while the market makers are too weak in both financial strength and background. Due to comprehensive strength limitations, Litecoin market makers simply do not have the ability to sustain a strong rally and can only rely on some sordid and low-level methods, taking advantage of arbitrage...
I'm tired, let's discuss it in detail tomorrow...
Reason: Although Litecoin has a solid fundamental basis and many 'should be' strong reasons, its chips are too dispersed, with many retail investors being 'heavy cars,' while the market makers are too weak in both financial strength and background. Due to comprehensive strength limitations, Litecoin market makers simply do not have the ability to sustain a strong rally and can only rely on some sordid and low-level methods, taking advantage of arbitrage...
I'm tired, let's discuss it in detail tomorrow...
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The most fundamental issue is that US dollar interest rates remain high, and liquidity is severely lacking. Bitcoin still needs at least 2-3 months of consolidation, and the price will continue to fluctuate downwards.
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Will the $LTC ETF be approved soon? Current price $90... Will the price rise after ETF approval? Dream on... Do you think the big players are doing charity? Sell quickly! $55 soon!
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