Litecoin's recent trend is quite interesting. After experiencing a decline, the price is now in a consolidation phase within a descending triangle. From a technical perspective, oversold signals are beginning to appear, which usually indicates that the momentum for a rebound is building.

Looking at technical indicators, the $80 level could be a key target for a rebound. But be cautious—sometimes what looks like a rebound is actually the start of a reversal trap. That's just how the market is; trends are your friends until the moment they are no longer.

So the current question is: is this a genuine bottom signal, or are the big players诱多 (诱导多头, misleading bulls)? The probability of a short-term rebound is not small, but risks of further decline should also be considered. Whether $80 can hold depends on the trading volume in the coming days.