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#美国政府关闭 XRP this morning's market looks interesting.
First, the conclusion: the bears are currently in the lead. The current price is stuck at 2.3790, just below the middle band of the Bollinger Bands, struggling to break through. More importantly, last night's large bearish candle directly pushed the price down to around 2.3034—this level coincides with the lower Bollinger Band support zone.
From the 4-hour chart, it's clear that there's a retracement from higher levels. Selling pressure continues to be released, making a short-term rebound unlikely.
**How to view this from a trading perspective?**
If the price rebounds to the 2.4379-2.4400 range, consider a light short position. Place your stop-loss above 2.5800—don't hold onto the position if it hits that level. Target levels are around 2.3100 to 2.2500, and gradually exiting in parts is safer.
$XRP Right now, it's a technical game. Whether the support level can hold will be clear in the next few hours.