2026-01-01 11:22:54

The rebound of $LIGHT has basically been confirmed, now it's just a matter of how strong the rally can get.

Looking at the spot price at 2.6 and the futures at 2.3, there's still a bit of a spread—bulls are clearly watching and not in a rush to chase. The previous high was 4.6, and now it's just around the 50% retracement level, which is quite a critical point.

Interestingly, the trading volume this time is much larger than the last wave. This raises the question of whether new large investors are entering or if the original holders are adding positions. From the volume perspective, at least it indicates increased market participation, which is a good sign for future performance. How far it can go still depends on the next few candlesticks' performance.

LIGHT-7,68%

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OnChainDetective

· 20h ago

spot-futures spread that wide? ngl feels like classic accumulation pattern before someone dumps their bags. the volume spike screams suspicious to me — need to trace those wallet addresses before getting too bullish here.

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BearMarketBarber

· 01-01 11:53

Spot contracts are so far apart, the whales are accumulating. --- The increase in trading volume is a good thing, but don't be fooled. The key is whether it can break 4.6. --- The 50% level is indeed critical, but I want to know who is buying. --- Why are the bulls so calm? That's a bit suspicious. --- High trading volume isn't necessarily a good thing; it depends on who is moving. --- The real test is the next step. It's too early to confirm a rebound now. --- It's normal to be cautious; after all, 4.6 is still under pressure above. --- The large price gap indicates that the market's expectations are not yet unified.

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AirdropNinja

· 01-01 11:49

Spot contracts are still 0.3 away, what is the long position waiting for? Not daring to push higher. Increased volume is a good thing, but I'm worried it might be another trap of false breakout. The 4.6 wave is still vivid in my memory. It's only meaningful if it breaks the 50% level. It's probably too early to call it a good signal now.

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GigaBrainAnon

· 01-01 11:40

Is the gap in spot contracts really that big? Long positions really can't hold on anymore? The increase in trading volume is indeed interesting, but it's unclear whether it's genuine entry or wash trading. Breaking below the 4.6 level would be a real concern.

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LiquiditySurfer

· 01-01 11:37

Spot contract spread, the longs are still hesitating, feeling like it's not that urgent... 50% position is indeed easy to smash down, the most feared thing when surfing is when the wave flattens out.

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