2026-01-19 19:25:39

XRP's start to the year has been impressive, with a surge that once exceeded 20%, but Bitcoin's correction directly delivered a heavy blow to the bulls. The price plummeted from above $2 and is now hovering around $1.80.

Data from Coinglass indicates a key level: around $2.10 is the critical point for short squeeze. This zone is quite interesting—if the price tests the range between $2.06 and $2.10, it could trigger a wave of short liquidations. Conversely, if it fails to hold the $2 level, it is likely to drop straight to $1.90, or even touch $1.80.

However, it’s worth noting that the open interest is decreasing, indicating that market leverage is shrinking, which means volatility is being suppressed. The short-term trend is essentially a passive situation—still depends on how Bitcoin moves and whether XRP follows.

XRP0.4%

BTC-0.25%

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SandwichHunter

· 9h ago

A sneeze for Bitcoin, and XRP catches a cold. This rhythm is really amazing. A passive position is a passive position, there's nothing to say, just follow the big brother. Can the $2 line hold? It feels a bit uncertain. Leverage is shrinking, volatility is being suppressed. What is being brewed here? Shorts being liquidated sounds good, but reality is often harsh. A 20% increase at the start of the year, and that's it. A bit of a pity.

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ForeverBuyingDips

· 9h ago

Starting to follow Bitcoin again, XRP's temper really changes on a whim When BTC sneezes, XRP catches a cold, so annoying Can this 2-dollar line hold? Feels uncertain Leverage has been reduced, what's there to look forward to? Feeling bored Wait and see, anyway the bottom is right there Where is the promised independent market? Now it's all just a backdrop 2.10 is indeed interesting, but feels like it will break directly Decreasing contract volume makes it harder to operate I just want to know how low this wave will go This market is really boring

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ForkTrooper

· 9h ago

Bitcoin swings its head and XRP gets hit along with it—when will this day finally come to an end... --- Is the 2.10 line really that magical? It feels like every time someone calls the critical point, it gets broken through. --- Leverage contraction and volatility are suppressed, which means we can't move at all right now. So boring. --- The market rose 20% at the start of the year but was brought back down to its original level—typical of a leek harvesting market. --- It's all about Bitcoin's mood; XRP has no say in the matter... --- If the 1.80 level really breaks, it will be interesting. Get ready to buy the dip, everyone. --- Still struggling with the $2 line? It's high time to face reality. Following the trend is better than following the big players.

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PanicSeller

· 9h ago

I'll say it directly, whenever BTC coughs, XRP is gone. This passive situation is really annoying. Is a 20% increase just gone? It's certain that we can't hold onto $2, this wave is just a rhythm of accumulation, let's wait and see if $1.80 can be supported. A decrease in leverage ratio is even more awkward, indicating that smart money has already run away. Shorts liquidated? Dream on, let's see where the bottom is. Currently holding positions is just gambling, better to wait and see. It's another day dominated by Bitcoin, XRP has little say. Will there be a rebound at $2.10? It seems very difficult.

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SoliditySlayer

· 9h ago

When Bitcoin causes trouble, XRP's 20% surge is given away for free. This is what it feels like to be led by the nose. If we can't hold $2, it's really over. See you at $1.8 then. Leverage is shrinking, and volatility is also locked. To put it simply, now it's just waiting to see Bitcoin's mood and eating accordingly, with no room for operation.

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PessimisticOracle

· 9h ago

BTC moves, XRP has to kneel. This wave dropped directly from over 2 dollars to 1.8, truly has no temper. --- 2.1 is really tightly locked, either liquidation or continued decline, just these two options. --- Leverage is retreating, but volatility is locked, which is very awkward. --- To put it plainly, XRP is now just a follower, eating based on BTC's mood, with no independence. --- Holding 1.8 is becoming difficult, so that 20% increase at the start of the year was a waste, right? --- With open interest decreasing, what else can be said? The market itself has no confidence, XRP shouldn't expect an independent trend. --- This situation is passive to the extreme, feeling like it will continue to break down. --- If the 2-dollar line drops, it will head straight to 1.9 and be over. --- Thinking about short squeeze? I advise you not to dream, BTC isn't showing any signs either.

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DataChief

· 9h ago

Once again dragged down by Bitcoin, XRP is really feeling the pain this time --- If this line at 2.10 breaks again, it's a straight drop of half --- Leverage is all being reduced, in other words, no one dares to move, just watching --- Falling from 2 dollars to 1.8, this momentum is really tough --- Waiting to see Bitcoin's move, XRP has to suffer along --- Shorts' liquidation points are so clear, making it harder to hit --- Lower volatility makes it even harder to make money, awkward --- A 20% increase at the start of the year has now been fully retraced, it's unbelievable

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