While I think $LTC can certainly rally hard if #alt season returns,


The real question in my mind is, why own #LTC instead of #SOL, #HYPE, #BTC, or another asset?
More of a cyclical trading vehicle than a long-term conviction investment imo.
Short-term, expect one more low is more likely than not.
Medium-term, a significant bounce from the $35-$45 area is likely if the broader crypto cycle remains intact.
Long-term, I expect LTC continues to UNDERPERFORM the strongest crypto networks unless a new narrative emerges.
Looking at the weekly chart, I would say the probability of LTC going lower is still slightly higher than the probability that the ultimate low is already in.
Litecoin has been making lower highs for years.
Every major rally since 2021 has failed.
The recent breakdown from the $120-$140 area was severe.
Price is now sitting just above a major support zone around $40-$45.
The worrying thing is that LTC has massively underperformed many #Crypto assets
That suggests capital is leaving LTC rather than accumulating.
Im sure many disagree but I am stating facts not spouting Hopium
LTC-2.81%
ALT-6.37%
SOL-5.28%
HYPE-6.78%
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