According to Material Indicators, Trend Precognition has issued a new downward signal on the Litecoin (LTC) weekly chart, suggesting that LTC is unlikely to surpass last week's high of approximately $122. The recent loss of support at the Yearly Open further validates the view that Litecoin is losing bullish momentum. This development may prompt traders to reevaluate short-term positions and monitor for further downside risk in the LTC market. Source: Material Indicators.

According to Material Indicators (@MI_Algos) on Twitter, FireCharts data shows a significant new block of BTC bid liquidity has been established to defend the support level at the Yearly Open. Bids are also stacking above this zone, which is likely to keep the BTC price elevated near this key level in the short term. Traders should monitor for potential sudden liquidity withdrawal, especially before or shortly after the monthly close, as this could impact price support (Source: Material Indicators, Twitter, April 29, 2025).