Litecoin's current situation is like this: if it can form a decent hammer candlestick pattern at the low and the price drops back to the 70-plus dollar range, I think that's a quite comfortable entry point.

Simply put, the logic is this — there is obvious buying support below, selling pressure is gradually being absorbed, market sentiment has been largely released, and next time it moves up, it won't take much effort to attract incremental funds into the market. As long as the technical structure remains intact, a rebound for a wave of upward movement actually has a pretty high cost-performance ratio.

Above, I mainly focus on the area around previous high-density points, roughly between $92 and $100. This zone is not only the cost zone for those who were previously trapped, but also the toughest resistance from a technical perspective, making it especially suitable for gradual partial profit-taking.