$LIT has recently shown a strong performance, with a daily increase of 3.36%.

From a technical perspective, LIT successfully broke through the previous descending wedge resistance and quickly rose to the 3.0 price level. This upward movement is mainly driven by the continuous influx of market liquidity, especially during the bull market cycle, supported by institutional funds.

On the fundamental side, it is worth noting that a large amount of LIT supply is currently locked for up to one year, which is directly reflected in the TVL exceeding $1.2 billion. From the price consolidation performance, the market has a strong absorption capacity for this locked amount, indicating that market makers and token holders have positive expectations for future development. Additionally, there are potential exchange listings and protocol buyback plans supporting demand.

Community engagement is also quite strong, with sentiment indicators around 90% positive. The early token reward acceleration mechanism and collaborations with ecosystem partners continue to attract participant attention.

However, traders need to clarify their strategies: the short-term trend of such tokens can be quite sensitive. Key points to monitor include upcoming unlock events and the subsequent direction of liquidity. The risk of potential pullbacks during consolidation should be anticipated, and risk management plans should be in place. Over-leveraging on a single direction is not advisable.