A KOL called LTC $200.
The market says 34%.

“bitcoin:native The current monthly high ($79.2K) is a weak one. In all of the previous ~8 years of history, it has never been so low and early in the month. This makes it a very likely level to get taken out at some point. This is why I mentioned about a deviation early in the month potentially setting up for a solid reversal trade. Even better in this case when the recent trend has been up and you get that deviation down. Because that way you can trade with the trend. So eyes on that current local/monthly high this or next week. $80K still remains the big level for high timeframe continuation”

called on X

“$BTC All of its previous breakdowns were fast moves lower and did not end up retesting or sweeping the level until later (red circles). It will be interesting to see whether BTC will hold this area this time around and starts forming some sort of massive range between $60K-$80K. As this time, price is seemingly finding at least some support at the previous low. Obviously that can change a day from now. Just monitoring how price is behaving relative to other similar breakdowns during this trend down.”

called on X

“We might not have seen a ton of crazy new technologies or sectors developed this past cycle, but we have seen a big move towards actual revenue generating companies. Even the big DeFi protocols from the past few years are still raking in millions a month and have since also implemented some form of fee switch or buyback mechanism. The 2021 cycle kind of felt like the dot com bubble for DeFi. A lot of hype, no sustainable revenue/value accrual for holders. Coins fell and many have not made it back to that top since. With most investor unlocks done from protocols that did launch that cycle, I think at some point these can be pretty good long term spot buys. I don't think the likes of $UNI, $AAVE etc are going anywhere. But you might need a lot of patience for these and have a multi-year horizon. Newer protocols like $ENA, $PUMP and of course $HYPE are interesting but will have more volatile revenue and still have token unlocks ahead, so timing will be more difficult. I think ENA & PUMP will perform incredible during a hot market, but that's the key. Just some random thoughts. I think many of these big protocols have come down to reasonable levels by now. Obviously DeFi itself has not been hot while $ETH has underperformed this cycle too. But I don't think the DeFi lull lasts forever.”

called on X

“$BTC Has moved up further back into its range. I would not be surprised if we hang around this big area for a few more weeks at least. Especially with Summer coming up and lower liquidity/volatility. https://t.co/vjCFB4h2Gm”

called on X