The Litecoin (LTC) market is at a critical moment, with investors closely following its price movement. Currently, the LTC price hovers around 93 dollars, facing an important resistance level at 105 dollars and a support level at 51 dollars.

Market attention is focused on the upcoming speech by Federal Reserve Chairman Powell. Investors generally expect a 25 basis point rate cut in October and December this year, but there remains uncertainty about whether these expectations will be fulfilled. It is worth noting that last Friday's market decline was not only influenced by tariff news, but more so due to concentrated leveraged longs and structural issues in the market.

For investors, it is crucial to remain cautious in the current market situation. It is not recommended to excessively increase positions before breaking the $105 resistance level. If the $93 support level holds, there may be a rebound opportunity in the short term. However, if this level is broken, investors should be prepared for further declines and may consider setting buy orders around $51.

The content of Powell's speech will directly affect the market direction. If dovish signals are released, the market may experience a rebound; if a hawkish stance is shown, it may trigger further declines. Investors need to closely follow the content of the speech and adjust their investment strategies in a timely manner.

In the current market environment, risk management is particularly important. Properly controlling positions, avoiding excessive leverage, and always paying attention to market trends are key strategies for protecting assets in a volatile market. Regardless of how the market changes, maintaining a calm and rational investment attitude is always the foundation of successful investing.