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#LTC This news has been verified on the official website, it is true and Vanguard is not a small institution.
Vanguard is the second largest asset management institution in the world, originating from Valley Forge, Pennsylvania, USA. It was founded by John C. Bogle in 1974 and is the successor of the Wellington Fund established in 1929. The company is known for its long-term commitment to low-cost indexed investing and is regarded as a significant proponent of index investing.
All good news still requires structural coordination to be truly beneficial; news can embellish, but it cannot provide essential support in times of need. Before this news takes effect, the market has already provided the answer.
The trend shows a potential hidden divergence on the 4-hour chart, but the internal buying points are not obvious. From a higher level moving average perspective, it still takes time to rise even if it goes up in the short term; there needs to be a long-term consolidation process. Therefore, there are still many opportunities to enter, so I won't participate in the left side.
This structure (Figure 3) cannot be overlooked. First, break through 87.8, then oscillate around the 30-minute center, and then move away to form a 3-buy acceleration. This is a healthy rebound upward. If it does not break through 87.8, it will still be a falling process.
If there are a lot of free positions, it's no problem to buy some LTC spot here.
Comparing ADA, Dogecoin, and other mainstream cryptocurrencies, although LTC does not have an independent market trend, its decline has indeed been the smallest, making it the most resilient to falls.