Now you still dare to stand on the XRP side as a short—I'm truly impressed by their nerve. The price surged toward the stage high and then pulled back, but the dip isn't that deep; meanwhile, open interest in perpetual contracts is still trending upward. Even when shorts add more, they can’t suppress the longs taking the bids—this market clearly looks like a pullback that’s flushing out traders, not the end of the trend. Look at spot next: over the past three hours, net inflows have stayed consistently in the green. Even though large orders have seen some outflows, it hasn’t disrupted the overall rhythm of continuous capital entering. On the leveraged lending side, it’s actually decreasing, which suggests the bulls aren’t getting addicted to buying and borrowing money to force through. The chips are cleaner than you think. I can’t say for sure about the long term, but at this position, the shorts are basically delivering ammunition to the longs.