LTC Trapped Below Bearish MA Structure as Smart Money Holds Long Positions

LTC is trading at $44.30, stuck beneath a bearish moving average structure that has gone unchallenged for weeks.

The asset's macro backdrop remains brutal, with no new protocol narrative or meaningful ETF catalyst to drive its price up.

Despite 71% of top traders on Binance holding long positions at a ratio of 2.47, the derivatives data suggests that smart money is not adding conviction to their trades.

The bearish case is supported by the MA structure, with both the EMA12 and EMA26 sitting above current price, forming a compressed bearish ribbon.