📣 $LIT (Lingter) "Under Pressure" 🔥 $LIT has dropped around 16% over the past 24 hours after previously being one of the strongest-performing altcoins of the week. 🔥 Reasons: •The decline in $LIT came after the SEC decided to delay trading of tokenized stocks. This development weakened sentiment around perp DEX platforms like Lighter. The DEX sector has seen reduced attention following a week of active pre-IPO stock trading. Open Interest (OI) across both centralized and decentralized exchanges has dropped by more than 20%, indicating a clear cooling in speculative inflows. • Selling pressure from both whales and retail investors Data shows that whales have been selling more aggressively than retail traders over the past 24 hours. In the previous two days, retail investors were the main sellers, but the balance has now shifted. At the time of observation, the delta stands at 0.054, up from a low of -0.11. However, current selling pressure is still significantly lower compared to the strong buying phase seen mid-week. This suggests that both groups are taking profits, but at different scales. •$LIT has lost the $1.25 zone and returned to its accumulation range. From a technical perspective, $LIT broke below the horizontal resistance at $1.25 and has fallen back into a consolidation range that has lasted over a month. The price has also dropped below the 50% Fibonacci retracement level, indicating that sellers are dominant in the short term. ⚡ Conclusion $LIT is undergoing a correction after a strong rally earlier in the week, while increasing selling pressure and declining OI suggest that market sentiment has weakened compared to the beginning of the week. #FedHikesBackOnTheTable #CoinMoveAlert $LIT