LIT's recent trend is quite interesting — it has been falling continuously for five hours since 4 a.m., and has now basically reached a stage low. The market performance is very clear: the buying support below is weak, but at the same time, on-chain data shows that the main funds are quietly accumulating. This is a typical false breakout signal.

From a technical perspective, now is a good entry point for going long. It is expected that by around 12 noon today, the price will retrace to the 1.75 level, which is a reasonable take-profit target — basically doubling your investment. To be conservative, setting the stop-loss below 2.5 is sufficient.

Honestly, I rarely fall into traps with this kind of market, mainly because the flow of on-chain funds is quite transparent. The main players' intentions can be read from the candlestick charts and on-chain data about seven or eight points, and the rest is just patiently waiting for opportunities. Now is that opportunity.