LIT's recent market movement is quite typical—it dropped sharply from the peak of 4.389 directly to 2.240. After this combination punch from the whales, most of the high-level trapped positions and short-term profit-taking orders have been cleared out. Now the price is stabilizing and consolidating around 3.09. After a slight pullback in the last 24 hours, it's already showing base-building characteristics.

What's interesting is the position data. While total contract position size has decreased from the highs, the total position value hasn't declined correspondingly, suggesting that large holders haven't exited—they're simply playing a chip-exchanging game at lower prices. The long-to-short ratio appears somewhat suppressive of the longs—the proportion of short accounts and their position volume aren't low, but the key point is that active buying volume has been showing pulse spikes throughout this pullback phase, clearly indicating big money is quietly accumulating at the 3.0 zone. Meanwhile, retail traders' short positions are clustering at this level, forming a very obvious divergence between long and short position distribution.

In terms of short-term momentum, the price may bounce back and forth between 3.0 and 3.2 levels, with 3.185 (the 24-hour high) now becoming short-term resistance. The good news is that the 15-minute MACD has already formed a golden cross, volume has been declining during the pullback process, and selling pressure has mostly been released. As long as the price holds above the 3.2 level, upside rebound space will quickly open up. This current consolidation and base-building phase is actually a golden window for accumulating long positions in batches—the closer we get to the 3.0 support level, the higher the safety margin for going long becomes.