LTC's recent trend has indeed provided quick-reacting traders with an opportunity to escape. By observing the market maker's intentions, it seems they are trying to suppress the price to around $50 to clear market leverage positions. This tactic is old but always effective.
Interestingly, this kind of adjustment actually reflects what Litecoin should look like. It reminds me of the aggressive upward momentum from years ago, and it feels like that vibe is returning this time. Once the price returns to around $60, I plan to fully allocate. As long as the market maker clears the leverage hanging overhead, the subsequent market can truly unfold—spring can't be far away.
The outlook remains optimistic, with a target of 5000+ or more. Of course, if they really dare to push down to $50, the risk of leverage should be quantified: setting the liquidation price within $20 as a psychological bottom line, so even if pierced, it won't go through. Anyway, this move is a gamble on the market maker not daring to push things too far.
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rugged_again
· 13h ago
50 bucks? Laughing to death, those who leverage up will be crying again.
I've already said this trick is nothing new, every time it eats people without leaving bones.
5000 is a bit outrageous... Let's first survive and break even before dreaming.
Want to gamble on the dealer's mentality again? I bet you'll get trapped again this time.
Talking about clearing leverage easily, but when it really hits, it won't be so romantic.
Is the liquidation line stuck at 20? Feels like this guy still wants to gamble one more time.
Full position around 60? Let's wait and see, maybe it will go even lower.
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GmGnSleeper
· 13h ago
I'll take 60 bucks; the casino doesn't have the guts to break through.
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GateUser-74b10196
· 13h ago
50 bucks can't break my psychological bottom line, so I bet the dealer's not brave enough to play this round to the end.
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GateUser-e19e9c10
· 13h ago
Only willing to move at $60, this guy's mental preparation is quite solid
LTC's recent trend has indeed provided quick-reacting traders with an opportunity to escape. By observing the market maker's intentions, it seems they are trying to suppress the price to around $50 to clear market leverage positions. This tactic is old but always effective.
Interestingly, this kind of adjustment actually reflects what Litecoin should look like. It reminds me of the aggressive upward momentum from years ago, and it feels like that vibe is returning this time. Once the price returns to around $60, I plan to fully allocate. As long as the market maker clears the leverage hanging overhead, the subsequent market can truly unfold—spring can't be far away.
The outlook remains optimistic, with a target of 5000+ or more. Of course, if they really dare to push down to $50, the risk of leverage should be quantified: setting the liquidation price within $20 as a psychological bottom line, so even if pierced, it won't go through. Anyway, this move is a gamble on the market maker not daring to push things too far.