$XRP Losing the 1.2 dollar death line! Keep going empty!!!

Price breaks down, boiling frogs in warm water:
Look at the candlestick chart, this is definitely the most hopeless trend for the bulls. $XRP Over the past 7 days, it has fallen a total of -16.61%, sliding down from the high of $1.34 without resistance. Currently, the price has barely rebounded to $1.12, but the previously critical $1.20 core defense "iron bottom" has been ruthlessly crushed, completely turning support into strong resistance.
Each rebound is lower than the last:
The market shows a very brutal "boiling frog" trend. Every time there is a large drop and sideways correction, the highs keep moving lower (Lower Highs). Today's slight rise near $1.12 is not a sign of stabilization at all, it’s purely a move driven by the bulls’ continuous liquidation with no volume, a classic "dead cat bounce."
Institutional main force is ruthlessly bleeding:
In the macro environment where global liquidity is frantically flowing into the US stock AI sector and hard tech IPOs, XRP, a large-cap old token, after losing continuous institutional capital injection, is simply unable to support high valuations on its own.

‍$XRP The once-proud "anti-drop attribute" has completely failed in this comprehensive deleveraging catastrophe.
Above $1.20, a dense pile of trapped sell orders has accumulated.
As the main market BTC continues to test the $60k edge, the current low rebound is very likely the last trap set by the main players to lure more buyers.
Once the recent phase low of $1.05 is broken, the downward abyss will open directly below, heading straight for $0.90 - $0.95 to find historical support! #走势预测