The $LTC coin just saw a short liquidation event worth $1.6967K at the price of $105.83. This sharp reversal suggests strong bullish momentum as shorts are squeezed out of the market. As the price pushes higher, it may attract more buying pressure, potentially leading to further upward movement. However, it's crucial to be aware of the risk of a pullback, as such rapid liquidations often create price instability. Traders should watch for support levels and be ready for potential volatility. Now could be the time to capitalize, but make sure your risk management is in place!