Now that I had predicted yesterday that litecoin will go up past 200, Expect a crash in price today. Due to Chinese new year and since everything has been going up for past 3 days, another crash is expected today as people will be cashing out.
Chinese new year is not connected in anyway with LTC.
LTC price is up, because they will start the lighting network in the end of the month. I don't expect a down dip anytime soon for LTC.