A wave of selling in LIT doesn't actually require excessive concern. This kind of selling action during a bullish process is quite common — it often indicates that market participants are positioning for a larger trend. What you should really worry about is a decline with no volume, not consolidation with volume. Short-term adjustments are often a fueling station for medium-term rises.

LIT-10.09%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
DuckFluffvip
· 6h ago
Having volume makes declines much more comfortable than without volume. This wave of selling is just a shakeout.
View OriginalReply0
SerumSquirtervip
· 6h ago
Having a solid inventory indeed eases worries; this wave of selling is actually a signal to get on board.
View OriginalReply0
GasFeeDodgervip
· 6h ago
The adjustment in volume is just accumulation, no need to panic in this wave.
View OriginalReply0
RetailTherapistvip
· 6h ago
Volume consolidation is just a shakeout. If I get shaken out this time, I'm doomed haha
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)