Litecoin experienced a 6.54% decline on January 19th, as the market is still digesting the impact of the hacker incident at the beginning of the month. However, from a capital perspective, the situation isn't that pessimistic.

Institutional interest remains high — last week, ETF capital inflows reached $2 million, indicating that major investors still have a firm long-term outlook on LTC. Trading volume speaks volumes, soaring to $1.1 billion, and open interest also hit $635 million, marking a new high since July 2025.

On-chain, whales are aggressively accumulating at low levels, clearly reserving ammunition for a possible rebound. Although short-term bears are still active, the support level is crucial — whether the $52 defense line can hold will directly determine the market's next move.

Both RSI and MACD indicators have entered oversold territory, which usually signals that the correction has gone too far. The performance in the next few days will be very telling — whether whale positioning can trigger a genuine rebound or if bears continue to dominate, the market will soon reveal the answer.