LIT's recent trend is quite interesting. The price is dropping with increased volume, clearly showing a weak structure, and the selling pressure is indeed heavy.



From the market perspective, this is not just a simple long liquidation. High trading volume accompanied by falling prices, while open interest remains high, indicates what? The main players are continuously offloading. Every rebound is seen as a new shorting opportunity, and the pressure on the order book is very evident.

**How to operate technically?**

Direction: Bearish

Entry zone: between 1.620 and 1.640

Stop loss set at 1.720 (this is a rigid stop loss, don’t try to step on it)

Where to see the targets? First target 1.500, second target 1.380

Under the current technical structure, any rebound toward the entry zone is a weak rebound, which can be understood as short covering or a new entry signal. Simply put, short on rallies.

This wave of adjustment in the crypto market is indeed worth paying attention to. The combination of volume and structure indicates that the trend still has room to continue.
LIT-4,49%
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OnChainSleuthvip
· 8m ago
The main force is selling so obviously, they smash on rebounds, the rhythm is very clear. Going short on rallies is indeed the current play. --- Is it really possible to reach that 1.5 level? It seems like it still depends on the subsequent volume. --- Holding positions at high levels without selling, this move is a bit fierce. --- Stop-loss at 1.72 is tightly set, I like this approach. --- Volume and structure are indeed convincing. Now it’s just a matter of who can hold until 1.38. --- Treat rebounds as opportunities, this is the rhythm the main force wants. --- High position holding + increasing volume during decline, very typical. --- Trying at 1.62, the feeling of smashing on rallies is satisfying, just worried about a pullback. --- With such obvious resistance, how dare they rebound? The main force has to forcefully smash during distribution. --- Can the target reach 1.38? It feels like there are still a few waves to go.
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SchrodingerWalletvip
· 13h ago
Despite such obvious main force dumping, there are still people taking the bait. Truly incredible. Entering a short position at 1.620 is indeed tempting, but I'm worried about the anger from those who get caught during the rebound. With volume and structure matching, I've heard this explanation too many times. I hope this time it's genuine. It's simple to go short at highs, but the hard part is knowing which high is truly high. Targeting 1.380 is a bit aggressive. Will there be repeated shakeouts in the middle to torment traders?
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CoffeeNFTradervip
· 13h ago
The main force's pace of distribution this time is quite fierce. The rebound is a selling opportunity, and psychological preparation needs to be in place. --- Is 1.380 really the target or just an illusion? In such a one-sided decline, I usually don't dare to chase too greedily. --- The volume matching so well actually makes me a bit nervous, afraid that the main force is eating up the chips. --- Selling on rallies sounds simple, but in reality, stopping loss at 1.720 is really tough, and you might get swept away if you're not careful. --- The holding volume at high levels still persists, indicating that some people are still holding on. Will the stampede accelerate then? --- Is the first target of 1.500 reliable? I feel that around 1.580 is the real support. --- Weak rebound and shorting sound comfortable, but at such times, it's often easiest to be hammered back in the opposite direction. --- It's easy to be bearish, but the real challenge is knowing when to take profits and run, instead of waiting around for 1.380. --- I've heard this story of main force distribution too many times. In the end, either a reverse shakeout or a direct breakdown, both can be profitable. --- With such high trading volume, it hasn't dropped much, which might indicate that buyers are also holding on tightly.
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ForkInTheRoadvip
· 14h ago
The main force is selling so obviously, and they smash the rebound. There's really little room for operation. Selling on rallies sounds simple, but in practice, it's easy to get trapped. Can it really drop to 1.380 this time? That's a bit uncertain. The combination of volume and price is indeed beautiful, but I'm still worried about a sudden V-shaped reversal. To be honest, I've seen too many "rigid stop-loss" orders finally get broken through. Whether the 1.500 level can hold seems to be the key.
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