The Litecoin (LTC) market has recently shown interesting dynamics. The daily chart indicates that LTC has touched and rebounded from its long-term trendline support for the fifth consecutive time, reinforcing the market's confidence in this support level.

Despite the overall market sentiment being unstable, buyers still seem willing to step in at this price level. This continued testing of support not only demonstrates the importance of this price level but also strengthens the bullish sentiment in the market.

However, the market structure is undergoing subtle changes. On-chain data analysis reveals a significant increase in small orders (below $1 million) recently, indicating that retail investors are dominating market momentum. Meanwhile, the activities of large traders, known as "whales", have shown a comprehensive shrinkage, which seems to be related to a 22% decrease in trading volume over the last 24 hours.

It is worth noting that data from the futures market indicates that market temperature is rising, which may signal an impending increase in volatility. This potential increase in volatility, combined with the active participation of retail investors, could bring new dynamics to the LTC market.

Despite on-chain indicators appearing to support a bullish outlook, the decline in trading volume may hinder LTC's potential rebound to the $150 level. Market participants should closely monitor this new pattern of retail dominance and weakened whale activity, as it could significantly impact Litecoin's short-term price movements.

Overall, the Litecoin market is at an interesting crossroads. The active participation of retail investors has injected new vitality into the market, but the decrease in activity from large holders has also brought some uncertainty. In this dynamic environment, the market may experience some intriguing developments.