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LTC Evening Analysis:
From an hourly perspective, the market has risen upwards after breaking through the middle band of the Bollinger Bands, with all indicator moving averages turning upwards.
However, the moving average resistance above is significant, the MACD double lines are still below the 0 axis, and the K and J values in the KDJ indicator have entered the overbought zone. Therefore, it is highly likely that after the rebound is hindered, the market will restart its downward trend.
LTC suggests shorting around 114 to 117, looking down towards 105 to 100.
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