财经少华
财经少华|Aug 06, 2025 03:41
Analyze Litecoin (LTC) LTC has recently entered a bullish phase, with the goal of reaching a historic high by 2025, boosted by a surge in derivative financing - the derivatives market added $437 million in the past day, with short losses of $3.48 million. Long positions dominate, with trading volume exceeding 52%. The long short ratio has broken 1, and the funding rate has turned positive, indicating an increase in bullish sentiment. However, technical indicators release the risk of a pullback: RSI enters the overbought area (breaking through 70), indicating that the buying momentum may reach its peak. At present, LTC has entered the key supply area, where prices have been suppressed twice. If the upward trend continues (trading volume has increased by 230% to $1.97 billion), it is expected to return to the 2025 high of $141.15 or even the peak of $147 in December 2024. However, if the supply area has an advantage in selling orders, it may trigger a price drop and long liquidation. LTC
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