Looking back at the cryptocurrency market in 2015, it was a desolate scene. At that time, apart from Bit, there was only Litecoin quietly existing on the exchange. In that era of economic prosperity, these virtual digital assets were seen by most as an insignificant game, and few took them seriously. Bit had a low value at that time, and Litecoin was even more negligible.

In the blink of an eye, ten years have flown by, and the market landscape has undergone tremendous changes. Bitcoin has become a legend, with its price soaring to unbelievable heights. As one of the earliest 'followers', Litecoin, although its price increase is not as astonishing as Bitcoin's, has shown a steady and significant growth when we look back at its price in 2015. It has not disappeared in the fierce market competition; instead, it has kept pace with the times, steadily progressing step by step to reach where it is today.

Recently, the price of Litecoin has once again attracted market attention. Currently, it hovers around 118 USDT, with technical indicators showing a complex situation. Some analysts believe it shows signs of fatigue, with the MACD indicator presenting bearish signals. However, there is a brewing expectation in the market — the Litecoin spot ETF is expected to be approved next year. This could become an important turning point, and if realized, it may open a new door for institutional funds, which is an opportunity that has not been seen in the past decade.

However, the road ahead is not smooth sailing. Potential government shutdowns in the United States, as well as other regulatory uncertainties, may lead to delays in the ETF approval process, which in turn could affect market sentiment in the short term. But isn't this the norm of investing? Finding certainty in uncertainty and seizing opportunities in change.

For many long-term investors who have been following the encryption currency market, Litecoin is more like an 'old friend'. Its development history witnesses the ups and downs of the entire encryption currency market, and reflects the resilience and potential of this industry. Regardless of what the future holds, the story of Litecoin continues, and its next steps are worth our ongoing attention.