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LIGHT Token Latest Market Update: The situation for shorting whales is becoming increasingly tight. According to on-chain data, 14 whales that originally participated in shorting have already chosen to escape, and only 63 remain holding short positions. These large holders who are committed to shorting have been trapped with over 6.65 million tokens, and their average liquidation price has risen to 8.57 USDT.
From a technical perspective, a short squeeze is brewing. As long as investors avoid opening new short positions, even holding a small number of long positions and remaining on the sidelines could benefit from a direct price surge. Market forecasts suggest that LIGHT could break above 4.5 USDT.
Advice for long holders: set take-profit orders above 8 USDT to lock in gains while participating in the subsequent rally. When the short positions are completely exhausted, it will be the true breakout moment.