My view on $LTC right now: cautiously bullish
The setup: LTC is up ~6% today and ~25% this week, while BTC ($83.4k) and ETH ($2,644) are bleeding.
Network activity is booming ($1B+ volume per multiple outlets) and a whale just accumulated 12,397 LTC (~$841K). Litecoin spot ETF is now accessible on Schwab with inflows.
Narrative check: the crowd is 84% bullish and Binance long/short sits at 2.55 — euphoria is building. But 93% of addresses are already in profit and LTC still trades ~38% below a year ago — classic late-momentum crowding.
My view: real on-chain activity plus ETF access earns the bull lean — 50/30/20 bull/bear/neutral.
Not financial advice. DYOR.
#LTC #Litecoin #BinanceSquare
The setup: LTC is up ~6% today and ~25% this week, while BTC ($83.4k) and ETH ($2,644) are bleeding.
Network activity is booming ($1B+ volume per multiple outlets) and a whale just accumulated 12,397 LTC (~$841K). Litecoin spot ETF is now accessible on Schwab with inflows.
Narrative check: the crowd is 84% bullish and Binance long/short sits at 2.55 — euphoria is building. But 93% of addresses are already in profit and LTC still trades ~38% below a year ago — classic late-momentum crowding.
My view: real on-chain activity plus ETF access earns the bull lean — 50/30/20 bull/bear/neutral.
Not financial advice. DYOR.
#LTC #Litecoin #BinanceSquare