Litecoin (LTC) is nearing a significant resistance zone between $135 and $140, raising concerns among analysts about a potential price drop. If rejected at this level, LTC could form a bearish double-top pattern, possibly driving the price down to $66–$70 or even as low as $50. The $100 mark serves as a crucial support and neckline for this pattern. Despite these bearish signals, there is optimism surrounding Canary Capital's proposed spot Litecoin ETF, which could act as a bullish catalyst if market sentiment turns positive. Traders are closely watching these developments as LTC navigates this critical juncture.