#美国动用301条款针对巴西支付系统 US 301 targets Brazil’s Pix—can XRP really become the bagholder?
$XRP Riding on news that the U.S. is using the 301 provisions to pressure Brazil’s payment system, it looks like a positive development on the surface—Brazil’s Pix is being throttled, so XRP cross-chain payments may have a chance to take over.
The logic behind cross-border payments is a long-term story, but in the short term, the market only recognizes chips (capital/positions). For three consecutive days, the main force has been net selling. Today, even with a volume spike on the news, it can’t move up—that’s the classic pattern of volume expansion without follow-through (a stall after pumping). If you check the K-line charts in the components yourself, the K-lines over the past hour are all long upper wicks—meaning every time it’s pushed up, someone slams it back down.
If Brazil’s Pix is being targeted, can XRP really “eat meat” from it?
$XRP Riding on news that the U.S. is using the 301 provisions to pressure Brazil’s payment system, it looks like a positive development on the surface—Brazil’s Pix is being throttled, so XRP cross-chain payments may have a chance to take over.
The logic behind cross-border payments is a long-term story, but in the short term, the market only recognizes chips (capital/positions). For three consecutive days, the main force has been net selling. Today, even with a volume spike on the news, it can’t move up—that’s the classic pattern of volume expansion without follow-through (a stall after pumping). If you check the K-line charts in the components yourself, the K-lines over the past hour are all long upper wicks—meaning every time it’s pushed up, someone slams it back down.
If Brazil’s Pix is being targeted, can XRP really “eat meat” from it?