XRP Thoughts
The market’s capital flow is heading toward Bitcoin, while the overall altcoin sentiment remains sluggish. There’s heavy sell pressure in the dense overhead supply zone, and rebounds lack volume. At present, the market is in a weak, range-bound consolidation—don’t blindly bottom-fish.
For trading: short at the current price of 1.045, aiming to move down to 0.8.
The market’s capital flow is heading toward Bitcoin, while the overall altcoin sentiment remains sluggish. There’s heavy sell pressure in the dense overhead supply zone, and rebounds lack volume. At present, the market is in a weak, range-bound consolidation—don’t blindly bottom-fish.
For trading: short at the current price of 1.045, aiming to move down to 0.8.