Litecoin’s $100 Battle: Trump’s Economic Pause Divides Crypto Whales and ETF Bulls
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While many crypto enthusiasts focus on Bitcoin's latest moves, Litecoin remains trapped in its own technical drama. The original Bitcoin fork can't seem to catch a break. Since late 2024, it's been stuck in a descending channel resistance pattern, with each rally meeting stubborn overhead resistance.
March 2025 was particularly brutal for Litecoin holders. The cryptocurrency made a valiant effort to reclaim the psychologically important $100 level. It failed. Spectacularly. This rejection triggered a sharp decline, sending prices tumbling back to $65. Ouch.
Litecoin's $100 dream shattered into a $65 nightmare as bulls retreated and bears feasted.
The $100 mark has become Litecoin's Everest – visible in the distance but seemingly impossible to summit. Technical analysts point to the descending channel pattern as the primary culprit. Each time LTC approaches the upper boundary, sellers emerge from the woodwork, crushing any upward momentum.
Trump's economic policies haven't helped matters. His administration's pause on certain crypto initiatives has created uncertainty in the market. The recent 90-day tariff pause provided only temporary relief, causing Litecoin to surge 8% before settling at more modest gains. Some investors are holding back, waiting for clarity. Others are diving in headfirst. Classic crypto chaos.
Whale activity tells an interesting story too. Large holders appear divided on Litecoin's prospects. Some are accumulating at these lower levels, believing the technical picture will eventually improve. Others are distributing their holdings, suggesting they see further downside ahead. Nobody ever said crypto whales move in unison.
Meanwhile, ETF enthusiasts remain strangely bullish. Despite Litecoin's technical struggles, they're pointing to potential institutional adoption as a catalyst that could break the descending channel pattern. The recent 20% price drop from $135 to $108 within just 36 hours hasn't dampened their enthusiasm. They might be onto something. Or smoking something. Time will tell.
Litecoin's struggle at $100 represents more than just a number. It's symbolic of the entire mid-cap cryptocurrency market – caught between technical patterns, political uncertainties, and competing narratives from influential market participants.
For now, LTC traders watch and wait as the battle for $100 continues with no clear victor in sight.
