2025-12-30 09:28:20

Market Barometer🚨

Recently active token on Hyperliquid, LIT, experienced an interesting move today. A large holder at address 0x8bae...ab6d just closed their short position on $LIT, and this move was quite precise.

Let's review the background: LIT's TGE just passed not long ago, and the pre-market saw a correction from the previous high. At this point, the bears took advantage to wipe out the long stop-losses completely. A classic market game, with big players having sharp instincts.

The current question is—Is there still a rebound opportunity? Can the bulls turn the tide? It depends on the buying momentum in the coming sessions. In the short term, this pre-market correction may not be fully digested yet, but we shouldn't rule out the possibility of a V-shaped rebound. The crypto market often brews opportunities amid such uncertainties.

What do you think about the recent trend of LIT? Is it a bottom or a consolidation? Share your thoughts.

LIT-40,35%

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LiquidationWatcher

· 7h ago

The rhythm of big players closing short positions, what do you think it's hinting at? Bears get filled up and then run, a classic leek-cutting tactic. Will this wave of LIT adjustment be the bottom? I bet on a V reversal. It's only been a few days since TGE, and they're already messing around like this. We'll see if next week's buying volume is strong enough. These pre-market players really know how to play.

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PessimisticOracle

· 7h ago

Whale short positions? This rhythm, a typical prelude to诱多 V-shaped rebound? Haha, I think there's an 80% chance it's just to trigger stop-losses TGE dumping so quickly, buyers are all being cut off Let's wait and see if a new sucker steps in LIT, this thing, bottom? I think it's just a trap

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fomo_fighter

· 7h ago

The large trader’s short position was indeed precise, but I think it still depends on whether the subsequent buying volume can keep up. There’s still a chance for LIT to rebound this time, but I’m worried it might just be a false breakout. Bottom? Not necessarily, it feels like it’s still in the process of bottoming out. Keep observing.

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AlwaysQuestioning

· 7h ago

Large traders covering short positions is basically bottom fishing, that's a signal. Whether the bulls can turn around really depends on the upcoming buying volume. It feels like it needs to drop further to find the bottom. LIT's recent moves were indeed precise, but I'm more concerned about whether there will be another wave of decline. V-shaped rebound sounds good, but who dares to bet on it? Being conservative, I prefer to stay on the sidelines. Bottom, bottom, everyone says bottom, but honestly, no one really knows where the bottom is. This rhythm feels a bit strange. Large traders bottom fishing actually makes me more anxious.

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GasFeeSobber

· 7h ago

Whales shorting? This is the real signal, the bottom is confirmed, right? --- LIT looks like it's undergoing a shakeout this wave, a V-shaped reversal is definitely coming. --- Wait, TGE just passed not long ago and the bears ran away? Isn't that a bottom signal? --- The buying momentum is the key, let's stay on the sidelines for now. --- Pre-market nodes are most likely to induce false signals, I think I'll wait a bit longer. --- Whales are indeed very perceptive, just follow and take a sip of the soup. --- The rebound is a rebound, but don't chase the high, everyone. --- Honestly, I've seen too many rebounds after such adjustments, it's just a routine. --- LIT still depends on subsequent funding, it's a bit early to call the bottom. --- The probability of a continuation is higher, it should keep falling.

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