Weekend outflows continued, and the weak market environment showed no improvement, with no signs of a short-term bottom yet. Bitcoin continued to swing around $67k, the Fear Index fell to 13, and AMD gave back all of Thursday’s gains on Friday, leaving market sentiment cautious. $XRP is currently trading at around $0.9816, down 4.52%, and fluctuating intraday between $0.98 and $1.0437. It briefly reclaimed the $1 level but has since fallen back below it. Support is at $0.98, with resistance at $1.027/$1.0437. Only a move back above $1 could ease the current weakness. $BNB is currently trading at around $615.22, down 2.8%, with an intraday range of $612.65-$649.8. Support is at $612.65/$600, while resistance is at $632.92/$649.8. It remains weak and is fluctuating below $630. $DOGE is currently trading at around $0.06263, down 3.12%, and moving between $0.0621 and $0.06662 intraday. Support is at $0.0621/$0.06, while resistance is at $0.06494/$0.06662. The price remains weak amid continued selling by large holders. Personal view: Weekend liquidity is thin, so there is no need to rush into buying the dip at round-number levels. Watch closely to see whether XRP can reclaim $1 and whether Bitcoin can hold above $67k. Risk warning: The above is for market observation only and does not constitute investment advice. Crypto assets are highly volatile; please make decisions cautiously.

$XRP The collateralized lending market is exposing its structural risks. The latest on-chain data shows that 883 liquidation events have been triggered in this ecosystem, leaving borrowers with cumulative losses of approximately 4.18 million cbXRP. These liquidations were concentrated in a lending pool that uses cbXRP as collateral to borrow USDC. During the liquidations, liquidators repaid over 4 million USDC in debt in total, reflecting significant pressure on the market. As of November 13, the market still had approximately 53.5 million USDC in outstanding debt, backed by 121.7 million cbXRP in collateral. The pool's liquidation loan-to-value threshold is 62.5%; if collateral prices continue to fall, more loans will enter the liquidation zone. Model estimates show that if prices drop another 10%, approximately 8.84 million USDC in debt will be at risk of liquidation. For traders, the key now is to continuously track changes in collateral value and the marginal increase in liquidation volume. Borrowers have only two options: repay their debt or add collateral. How the seized cbXRP is subsequently handled will directly affect potential selling pressure faced by XRP holders, making it worth close attention. $XRP#Liquidation #CryptoNews Risk warning: The above content is only an interpretation of market data and does not constitute investment advice. Crypto assets are highly volatile; please assess the risks yourself before participating in lending or trading.