2026-01-16 10:28:15

Last night’s dip and rebound did not lead Litecoin to exhibit the expected independent market trend. Instead, it has been in a low-energy stalemate over the past few hours. Currently, the price has slowly moved near the middle band of the 1-hour Bollinger Bands, a position that has previously caused losses—each time it touched, a decline was inevitable.

Will this time be different? The key difference is that it is now near a major trend line formed by several years of movement. From a technical perspective, if this yearly support level holds, it could provide a different rebound mechanism.

Regarding position-building strategies, it is suitable to deploy gradually. Based on the technical position, consider gradually entering at the 70, 60, and 50 zones. This approach can control risk and provide opportunities to add positions as different supports are broken. The main point is to observe whether this major trend line can truly serve as a bottom support.

LTC-3.12%

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ChainDoctor

· 4h ago

It's that same lousy position again. Every time they say the result will be different, but it still drops. So exhausting.

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CryptoSourGrape

· 4h ago

If I had known this trend line was so crucial, I shouldn't have gone to sleep last night. Seeing this low-energy stalemate now just makes me want to vomit blood.

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GateUser-e19e9c10

· 4h ago

It's that damn Bollinger middle band again, the place where they always come to cut the leeks... Can it really rebound this time? I'm skeptical. DCA (Dollar Cost Averaging) is indeed a stable strategy, but I'm worried that if it drops to 60, it might break. Will 50 still hold then? That long-term support line sounds good in theory, but in critical moments, it's just a decoration... Let's see.

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ChainMemeDealer

· 4h ago

It's that damn level again... Every time it hits the middle Bollinger Band, I want to run. This time, whether the trend line can hold is really the key. Batching 70, 60, 50? Sounds good, but I'm still hesitant, afraid of being smashed through again. Can the New Year line really serve as support? Asking, but I don't really believe it. Can LTC show some real strength this time, or will it get stuck again? Feels like this level is about to repeat history... Relying on the trend line to turn things around is a bit naive.

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MetaverseLandlady

· 4h ago

Talking about support levels at that grade again, how did that turn out last time? It just broke through directly. Litecoin, this useless thing, is far behind compared to Bitcoin, and you're still dividing your layout in batches. I think you're just finding reasons to trap yourself.

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