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From the moment I started watching until now, there are a few pretty clear details in this $XRP move: the bounces are getting shorter, the pressure is building faster, and the strength that originally wanted to rush a repair has been repeatedly knocked back. In my recap, this kind of formation usually means you need to respect the shorts’ tempo.
I opened a long position at 1.1661. There was a pullback in the middle, but it didn’t change my judgment that the situation is weak. Price is now being pressed down to 1.0969, and my unrealized return rate is at +552.44%. This room has released as expected.
I won’t get complacent just because I’m up on the position—especially the kind of back-and-forth during a selloff, which is the most grinding. Using the 80/20 approach is mostly to separate the rhythm clearly: when it’s time to close the protective level, close it. If you’re not already in the car, don’t force a chase. If the market doesn’t give you a good entry, then just hold back for now.
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