Based on the situation on the third trading day of 2026, the LIGHT bears are in a somewhat tight spot. Currently, 6.65M short positions have been forced to close, with the average closing price rising to around 8.57 USDT.

Here’s an interesting phenomenon—if you hold long positions and do nothing complicated, just sit tight and wait for the price to push higher, the gains are quite substantial. The key is not to chase the shorts or follow the trend to short.

A clear battle between bulls and bears has formed in the market. The bears are steadfastly defending the 6.6M position line, while the whales are being very cautious, keeping their positions around 6.2M and not daring to add more easily. From this perspective, the bears have limited ammunition; if the bulls launch a strong attack, it could trigger a chain of liquidations.

If LIGHT can break through the 4.5 level, the subsequent upside potential will be even more considerable. A conservative strategy is: long holders set take-profit orders above 8 USDT to lock in profits. This way, they can participate in the upward trend while avoiding sudden risks.