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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
9.15 Macroeconomic Market Analysis
Good afternoon, brothers. The market has seen a pullback. Let's talk about how to position ourselves.
First, from the perspective of on-chain data,
(1) Stablecoin inflow, positive outlook
(2) BTC outflow, bullish
(3) The increase in the proportion of BTC whales indicates that the whales are still accumulating.
The overall direction is still good, don't be afraid of a slight pullback, low leverage is suitable for patiently holding coins.
Some brothers still buy high and sell low, selling when it drops and chasing when it rises, ultimately losing money.
With the time spent monitoring the market, it would be better to just scroll through it; at least you won't lose money by doing that.
On the contrary, staring at the market all day leads to an imbalanced mindset and frequent trades that result in losses.
Last week we analyzed that this round of bull market may last until around December at the end of the year. So there is still one quarter left.
Currently recommended to hold BTC, BNB, ETH, SOL, OKB
The market continues to hold DOGE, AAVE, UNI, RAY,
Analysis is only for friendly reference. Adults must take responsibility for their own decisions. Investment carries risks. Please invest spare money and think independently!