$XRP Current price: 0.956, down 2.74% over 24h, with trading volume of 259.9M USDT; funding rate: -0.0076%. Shorts are continually paying longs, making this the most notable divergence to watch this round. Technically, MA5=0.96246 remains above MA20=0.94689, and the MACD histogram at +0.003092 remains bullish, but RSI is only 47.2. Price is pinned below the Bollinger midline, indicating “structure intact, momentum weak.” Sentiment is the real driving force—the Fear & Greed Index is 10, indicating extreme fear. Combined with the negative funding rate, short positioning is crowded, so any rebound could trigger short covering and a sharp wick. Chasing shorts offers poor risk-reward. Outlook: Bullish in the short term; trade a rebound recovery amid negative funding rather than chase an uptrend. Reference entry: 0.940–0.950 (near MA20 support and the buffer zone above the lower Bollinger Band at 0.900, a pullback zone before RSI breaks below 45); take-profit 1: 0.975 (the upper edge of the Bollinger midline and MA5 resistance zone); take-profit 2: 0.993 (near the upper Bollinger Band at 0.993319, where momentum from short covering amid negative funding may fade); stop-loss: 0.918 (below MA20 and approaching the lower Bollinger Band, invalidating the bullish structure). Risk: The 30-candle range is 11%, so sharp wicks are fairly likely. Keep positions small and scale in. Also watch: $ZRO is down 12.14%, with both moving averages flattening and leaning bearish, markedly weaker than $SUI and $XRP; $SUI has the same funding rate of -0.0075% and a bullish MACD, with a relatively resilient structure. (Personal opinion only, for reference; not investment advice. Contract trading carries extremely high risk. Please strictly control position size.) [Data] Coin: XRPUSDT Direction: Long Entry: 0.940-0.950 Take-profit 1: 0.975 Take-profit 2: 0.993 Stop-loss: 0.918

BTC pulled off a deep V-shaped reversal today, plunging to $61,000 before being yanked right back to $66,000. The buying pressure was genuinely fierce. Bitcoin briefly plunged to around $61,000 intraday. Many were still waiting for it to keep crashing, but in the blink of an eye, the price had been pulled back to $66,000. The rebound was so fast it made you wonder if you were seeing the chart right. ETH, SOL, and XRP played out the same scenario, with clear buying support at the lows—buyers stepped in as soon as prices fell. $BTC WICKED down to $61,946, then shot straight back up to around $66,000 $ETH Dropped to $1,710 before quickly reclaiming $1,790, with buyers clearly stepping in SOL: Hit a low of $67.37, then climbed back above $70 $XRP Plunged to $0.891, then rebounded to around $0.95 OneKey founder Yishi has a point that I think makes a lot of sense—the market prices in consensus expectations for the future, not the pessimism left over from yesterday. I agree. But I don’t think anything has changed in the fundamental consensus around BTC, ETH, SOL, and XRP. Didn’t we get through 2015, 2018, and 2022 the same way? There’s no need to declare the industry doomed every time prices fall. Honestly, a pullback of this magnitude makes me more willing to take a serious look at spot. The market has already absorbed a lot of the decline. If you were already bullish on these assets, building a spot position in tranches beats waiting for prices to rise again and kicking yourself. Buyers stepping in at the lows shows that the market is nowhere near as bad as the sentiment suggests. Risk warning: The above is only my personal opinion and does not constitute investment advice. The crypto market is highly volatile, so please manage your position size carefully.