$LIT Can it keep rising?
Lighter’s recent rally was mainly driven by news that the team plans to apply for a U.S. CFTC license in November. If approved, it could potentially gain access to Robinhood’s U.S. business, which has fueled strong market expectations.
LIT reached a high of 3.98 and has now pulled back to around 3.7.
But it has already made a significant short-term move, so I wouldn’t recommend chasing it at this point.
For now, let’s see whether it can hold at this level. If it does, we can look for a further breakout. A high-volume break above 3.98 could open the door to more upside; if it falls below 3.5, be cautious of a deeper pullback.
#中国寻求没收61800枚比特币
Lighter’s recent rally was mainly driven by news that the team plans to apply for a U.S. CFTC license in November. If approved, it could potentially gain access to Robinhood’s U.S. business, which has fueled strong market expectations.
LIT reached a high of 3.98 and has now pulled back to around 3.7.
But it has already made a significant short-term move, so I wouldn’t recommend chasing it at this point.
For now, let’s see whether it can hold at this level. If it does, we can look for a further breakout. A high-volume break above 3.98 could open the door to more upside; if it falls below 3.5, be cautious of a deeper pullback.
#中国寻求没收61800枚比特币