Gm! Starting 2026 fresh with some thoughts on a $LIT play.
been thinking in second-order terms to answer one question: is $LIT already priced in?
I don’t think so:
> .hl hate it + most are still hesitant to enter > analysts think current revenue won't translate into upside > not much selling pressure at this level > VCs remain bullish > overall market sentiment is bearish, but turning bull
The only concern is 65% of airdrop recipients haven't sold yet, which means overhang sell.
It might take some time to shake this group out (go lower) before we bounce. But I think it feels close to equilibrium at this level with a R/R skew. Downside looks limited.
I'm building my position using TWAP + scale orders.
Let's see how it plays out. Hope we have a good run since the first week of 2026!
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Gm! Starting 2026 fresh with some thoughts on a $LIT play.
been thinking in second-order terms to answer one question: is $LIT already priced in?
I don’t think so:
> .hl hate it + most are still hesitant to enter
> analysts think current revenue won't translate into upside
> not much selling pressure at this level
> VCs remain bullish
> overall market sentiment is bearish, but turning bull
The only concern is 65% of airdrop recipients haven't sold yet, which means overhang sell.
It might take some time to shake this group out (go lower) before we bounce. But I think it feels close to equilibrium at this level with a R/R skew. Downside looks limited.
I'm building my position using TWAP + scale orders.
Let's see how it plays out. Hope we have a good run since the first week of 2026!