XRP stabilizes at $1.95, how far can the ETF-driven rebound rally go?

【Crypto World】XRP has been holding steady above the $1.95 mark for some time now, and the bears are finding it increasingly difficult to hold on. Looking at the price range of 1.98 to 2.05, the liquidation orders are densely stacked, indicating that a squeeze could start at any moment.

Interestingly, although the current funding rate is still negative, reflecting some defensive sentiment in the market, the situation is quietly changing. The developments with the SEC are gradually becoming clearer, which provides solid structural support for XRP. Additionally, with $1.3 billion to $1.4 billion in ETF funds continuously flowing in, Ripple's ecosystem development is steadily progressing, all of which helps support the price.

The key point to watch is when the funding rate turns positive. Once it does, it will confirm that the price rally is not just a fleeting phenomenon but a genuine upward breakout. At that point, the short positions trapped will truly feel the pressure.