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Don't remind me again today

#机构投资加密货币趋势 The news that the XRP ETF had an explosive trading volume on its first day made me alert. Behind the seemingly booming activity, it is likely that the market makers are manipulating it. I have experienced too many of these "explosive starts" followed by big dumps. The new suckers may excitedly rush in, but we old hands must remain calm.



Institutional investment is indeed a trend, but don't be fooled by surface data. It's important to understand the source and flow of the funds behind it. 58 million dollars sounds alarming, but it may just be a few large players trading hands. I advise everyone not to rush to follow the trend, but to observe for a while and see how the subsequent trends and real demand develop.

Remember, in this market, never underestimate the means of the market maker. Stay vigilant and manage your risks well to survive in this industry for a long time. Don't let short-term hype cloud your judgment, as it is often a prelude to suckers being cut.
XRP8.49%
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