Recently, LTC's market performance has been quite fierce. Data shows that the total liquidation amount across the network in 24 hours is approximately $2.72 million, with long positions liquidated at $7,665.56 and short positions at $19,500, indicating a significantly higher proportion of short liquidations. By time period, the 1-hour liquidation is $6,674.69, the 4-hour is $7,143.66, the 12-hour is $11,000, and the largest single liquidation occurred on a major exchange, with short positions worth $9,150.13. In total, 33 people were liquidated in 24 hours.

The price has also dropped quite a bit—down 5.80% in 24 hours, currently quoted at $72.28. From a fundamental perspective, whale activity has surged to a 5-week high. Data from January 15 shows a significant increase in trading volume, which may hint at a potential reversal signal, but in the short term, it is still being dragged down by BTC's trend. Technically, the outlook is bearish, with current resistance around $79.60. The LTCBTC ratio is still seeking stability, so short-term volatility is quite likely.

Regarding ETFs, the LTC spot ETF from institutions like Grayscale is still under regulatory review. The market previously had a more optimistic outlook, but no new developments have been seen so far. Overall, BTC's recent correction has led to a weakening of LTC, and market risk aversion is rising, which also explains why the proportion of short liquidations is so high.