Litecoin (LTC) and Mantra (OM) have seen significant gains this week, with technical and on-chain analysis suggesting that further increases are likely in the coming week. Bitcoin's flash crash below $100,000 and subsequent recovery above $104,000 have boosted optimism among crypto traders. Key market movers for Bitcoin include U.S. macroeconomic data releases, the performance of tech stocks and equities, and developments in artificial intelligence. The correlation between Bitcoin and altcoins like LTC and OM remains high, meaning that the price movements of Bitcoin can strongly influence these altcoins. Technical indicators and market metrics indicate positive momentum for both LTC and OM, with re-tests of previous highs predicted. Additionally, the anticipation of a Litecoin exchange-traded fund (ETF) approval in the U.S. has driven LTC's price higher, while Mantra's partnership with DAMAC Group for tokenizing assets on their chain has also positively impacted OM. Traders are advised to monitor Bitcoin's price trend as it can impact the movements of LTC and OM. Profit-taking strategies are recommended for traders who acquired LTC or OM at lower prices.



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