Litecoin has also started to rally; this is how the second half of a bull market works, prices rise without reason and can increase inexplicably.

I remember during the last bull market after Bitcoin broke new highs, it surged all the way to 41,000. Litecoin also followed and reached 180. Then there was a massive drop, and Litecoin fell nearly 40%.

So, with all these coins rising now, there will definitely be a big drop coming. We must remain vigilant and look at those three indicators (the Fear and Greed Index above 90, funding rates above 0.07, and the annualized borrowing rates on Binance and OKX above 40%) to escape from the local top, and Litecoin is also an indicator, for example, if it rises above 150. We need to monitor those three indicators and stay highly alert.

Personally, I believe there will be a decline in January, and we should seize the opportunity to adjust our positions during the downturn.

Everyone in the crypto space knows that the extent of the drop can be just as frightening as the rise. Gains and losses come from the same source, right!

If you want to learn more about cryptocurrency-related knowledge and the latest cutting-edge information, click on my avatar to follow me. I share contract trading tips for free and provide daily price points.