Litecoin price faces correction fears as whales unload significant tokens, driving concerns of a potential downtrend.
Short-term bearish indicators include negative funding rates and bearish technical signals, with Litecoin hovering near $84 and testing key support levels.
Despite bearish signals, Litecoin miners are accumulating, signaling long-term confidence in the asset's value and potential for price appreciation.
Growing optimism surrounds the possibility of a Litecoin ETF approval, which could attract institutional investors and impact Litecoin's future price trajectory.