Although $LIT has not yet broken through the resistance at 2.4 and remains range-bound between 2.0 and 2.2, Open Interest has indeed been declining, but I believe the direction of Smart Money is more worth paying attention to. Since June, the Smart Money long side has consistently been significantly larger than the short side; since mid-July, the short side has begun to gradually decrease, while the long side has maintained its advantage. Although the price has not yet broken out formally, Smart Money’s direction shows no clear reversal yet. If you’re considering entering a position, I personally think the risk-reward ratio around 2.0 is more ideal. If you’re eager and don’t want to wait, you could consider opening your first position near 2.1, then reserve one or two additional layers for DCA to gradually add more later. Of course, this strategy assumes that 2.0 holds as support—if it breaks, you should reassess the structure rather than blindly adding more positions. https://t.co/CK4d0xeh9w