Litecoin (LTC) faced a significant decline of 12.75% over the past week and 36.61% monthly, indicating a challenging market for investors. However, whale accumulation has positively impacted LTC, leading to a 2% price increase in just 24 hours.

Currently, spot traders exhibit a neutral position, with no LTC traded in the last 24 hours, which reflects market exhaustion. Meanwhile, whale transactions maintain a high volume, with significant holdings indicating confidence and influence.

If LTC can reclaim the consolidation level at 99.46 USD, further upward momentum may result, potentially driving prices toward 135 USD. A positive funding rate of 0.0063% among derivative traders suggests bullish sentiment in the market.