"There really was an "eleven-day streak"; but now the driving force feels more like a cooldown after the daily inflow has hit zero, rather than the sensational "the institutions are still狂 buying" layer.
Main headline $XRP : Binance USD-contracted perpetual spot price is around 1.3917, down about -1.53% over the past 24 hours. The breakout-follow line (SAR, the short-term parabolic support) is about 1.3744; price is still above it by roughly 0.017, so the structure hasn’t been broken through. Momentum J is about 30.15 (K 46.99 / D 55.42). It’s shifted from slightly overheated to neutral-to-slightly-cold—standing on the line, but not like it’s stepping on the accelerator. 24-hour high is about 1.4137, low about 1.3724. Trading volume is approximately $787M USDT; open interest notionals around $429M; funding rate about 0.0072%, and the long/short fee pressure also doesn’t feel heavy.
Supporting act $DOGE : current price around 0.08981, down about -0.58% in the past 24 hours. SAR is about 0.0889—only higher by around 0.0009, basically hugging the line. Momentum J is about 0.3, close to the oversold floor. Both sides are still "on the line," but the temperature isn’t on the same level—going in the same direction doesn’t mean the same risk.
Fund flow ledger: SoSoValue / Chaincatcher — As of the US East time Sept 3 U.S. stock market spot XRP ETF daily net inflow was about $6.14M (Franklin XRPZ about +$3.19M, Bitwise about +$2.95M). At that time the cumulative net inflow was about $1.68B, net assets about $1.55B. CoinGabbar / Gate’s Sept 4 accounting: the daily net inflow is recorded as 0 (the first zero-inflow day in September); cumulative is still about $1.68B, and net assets about $1.48B. The narrative of roughly 11 consecutive trading days and around $170M inflows was interrupted by outflows around Sept 2. After Labor Day, there’s been no updated trading-day flow—don’t directly transplant the "eleven-day streak" story onto this 1H line.
There can be excitement, but position thickness is another matter.
Main headline $XRP : Binance USD-contracted perpetual spot price is around 1.3917, down about -1.53% over the past 24 hours. The breakout-follow line (SAR, the short-term parabolic support) is about 1.3744; price is still above it by roughly 0.017, so the structure hasn’t been broken through. Momentum J is about 30.15 (K 46.99 / D 55.42). It’s shifted from slightly overheated to neutral-to-slightly-cold—standing on the line, but not like it’s stepping on the accelerator. 24-hour high is about 1.4137, low about 1.3724. Trading volume is approximately $787M USDT; open interest notionals around $429M; funding rate about 0.0072%, and the long/short fee pressure also doesn’t feel heavy.
Supporting act $DOGE : current price around 0.08981, down about -0.58% in the past 24 hours. SAR is about 0.0889—only higher by around 0.0009, basically hugging the line. Momentum J is about 0.3, close to the oversold floor. Both sides are still "on the line," but the temperature isn’t on the same level—going in the same direction doesn’t mean the same risk.
Fund flow ledger: SoSoValue / Chaincatcher — As of the US East time Sept 3 U.S. stock market spot XRP ETF daily net inflow was about $6.14M (Franklin XRPZ about +$3.19M, Bitwise about +$2.95M). At that time the cumulative net inflow was about $1.68B, net assets about $1.55B. CoinGabbar / Gate’s Sept 4 accounting: the daily net inflow is recorded as 0 (the first zero-inflow day in September); cumulative is still about $1.68B, and net assets about $1.48B. The narrative of roughly 11 consecutive trading days and around $170M inflows was interrupted by outflows around Sept 2. After Labor Day, there’s been no updated trading-day flow—don’t directly transplant the "eleven-day streak" story onto this 1H line.
There can be excitement, but position thickness is another matter.
