Litecoin ( LTC ) price prediction: hitting the $137 key resistance, Whale increasing the position may trigger a short squeeze.

Litecoin(LTC) continues its rising momentum for several weeks, surging over 10% in the past 24 hours. The price remains supported by the rising trend line, with daily chart momentum steadily increasing. The key focus is now on the $137 resistance level — this level serves as both a technical resistance on the daily chart and overlaps significantly with the derivatives market liquidation heatmap showing a dense liquidation zone ($135-$137). A breakout above this level may trigger large-scale short positions liquidation, and due to a thin order book above, the price may quickly test the yearly high of $147.22. On-chain data shows that whales are actively increasing their long positions, pushing open interest higher, and the market's bullish structure remains unchanged. Caution is warranted as the Stochastic RSI has entered the overbought zone, indicating a potential short-term pullback, but the medium to long-term trend still leans bullish.

LTC weekly chart continues to rise, surging 10% in 24 hours, maintaining strong momentum

(Source: TradingView) Litecoin ( LTC ) continues the stable rise trend that has lasted for several weeks, with an increase of over 10% in the past 24 hours as of the time of writing. The price continues to respect its rising trendline support level (key trend support), which has been providing support for long positions since the last bounce around $104. On the daily chart, momentum is continuously building in a familiar pattern.

The technical indicators show overbought signals, be cautious of short-term pullback risks It is important to note that the Stochastic RSI indicator has entered the Overbought zone during the writing, indicating that the short-term upward momentum may be exhausted. This may naturally lead to a brief technical pullback before another upward attempt. Investors need to pay attention to the strength of support at key support levels.

$137 is the battleground for long and short positions: above lies a powder keg for short positions liquidation The current market focus is locked on the $137 (approximately 990 RMB) level. This position is not only an important technical resistance level on the daily chart but also highly coincides with a significant liquidity pool (Get Liquidated zone) in the derivatives market. CoinGlass's Get Liquidated Heatmap (Liquidation Heatmap) shows that there is a dense liquidation zone accumulated in the range of $135 to $137, indicating a large amount of open short positions. These liquidation clusters often become "magnets" for price movements, as market makers tend to push prices towards these areas to trigger stop-loss orders and release liquidity. Specifically for LTC, if the price can effectively break through $137, it could force a series of short positions to be liquidated (short liquidation). Given the relatively thin order book above this price level (weak resistance), such a breakout could accelerate quickly, potentially pushing LTC towards the annual high of $147.22 (around 1070 RMB).

Whales continue to increase the position in long positions, the market bullish structure remains unchanged

(Source: CryptoQuant)

AMBCrypto's analysis of the CryptoQuant Futures Volume Bubble Map ( shows that market enthusiasm is rising. On-chain large holders (Whales) are actively increasing long positions, pushing open interest (OI) continuously higher. The accumulation of long orders near the current price levels indicates that Litecoin's bullish trend has the potential to continue - this is a signal that the market has no intention of hitting the brakes yet.

Conclusion Litecoin is currently under the control of long positions, with technical structure and on-chain indicators (Whale behavior) still leaning towards bullish. A breakthrough of the $137 resistance level will open up space towards a new annual high, with a potential short positions liquidation wave possibly acting as a catalyst. However, an upward trend rarely happens all at once; it is normal for a short-term pullback to occur before a new round of upward movement. The market is currently in a tug-of-war between profit-taking and momentum traders. If the long positions ultimately prevail, the $137 level will serve as a springboard for Litecoin to strike for a new annual high. Investors should closely monitor the $137 breakthrough situation, the progress of Stochastic RSI overbought correction, and changes in the liquidation heatmap, and manage the risk of swing trading. (Note: Cryptocurrency is highly volatile, and overbought technical indicators suggest short-term risks; please pay attention to position control.)