BTC shows us the health of the market and when we are in bear/bull cycles. We could be in bear trend or a bear market but however you look at it. BTC is going to tell us where we are going right now. LTC TA reflects that mostly so I like to always check BTC before looking at LTC. However, bad news with inflation , a Fed being hawkish for the foreseeable future and how BTC is in sync with stocks. I can expect small pumps here and there but ultimately if BTC tests $25k one more time or goes lower. We know LTC will go into the $30-$40 range. If you missed the boat from here to $400, this will be the best entry for a long position.
This cycle has not been what we were looking forward to but LTC has MimbleWimble update next week and can help push the price higher in the future. Watch for Interest hikes and trade with caution, especially with so much uncertainty in the markets.

Just a opinion on the current situation