There are many misleading analyses circulating now $LTC , even from large accounts.
Many claim that because the long-term lower trend line has been broken, Litecoin is "finished". These conclusions are very simplistic. In fact, the price has already broken similar lines several times in the past, and context is far more important than a single line on the chart.
Trend lines themselves are subjective. How they are drawn depends on the data the analyst prioritizes, and adjusting them to reflect current price behavior is part of the process, not a mistake. A single breakout does not automatically invalidate the broader structure.
What is being overlooked is the most important scale here: over nine years, $LTC has not recorded a lower low on the weekly timeframe. This is an important structural fact. Until a real lower low appears in the long term, the long-term structure remains intact.
If that weekly low appears, the thesis changes. Until then, it is far too early to say that the trend is "finished". Structure comes first, narratives come later.
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$LTC

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