Price is holding near a key support area with buyers actively defending the current range. Momentum remains constructive on lower timeframes, while recent consolidation suggests accumulation above support. A sustained hold within the entry zone could attract additional buying pressure and trigger a continuation move toward the outlined resistance levels. As long as $0.00810 holds, bullish continuation remains the higher-probability path.
A move back toward the $58K–$60K region is still possible before the month closes. If that happens, it could offer one last high-quality entry before the next leg higher.
For now, price is hovering around $64K–$67K, so patience is more valuable than chasing.
The broader bull cycle is still in its early stages. Markets remain driven by uncertainty, and with several major global events expected in August, volatility is likely to create more opportunities. $BTC
$LTC Litecoin is just a few cents away from closing back inside the range and below the long standing trendline.
The trendline has kept this trend UP for couple of weeks now and if that breaks, along with the closing inside the range and below $45.90, the range will trigger a sell pressure as the high of $48 will be then considered as a UTAD discussed in the last update for LTC.
The Upthrust After Distribution UTAD is very bearish as far as the Wyckoff Methods are concerend. The next major support for LTC is below $43, and losing that can cause a signifcant drop in LTC till $35 which is the range breakdown targets.