$XRP forms a key bearish turning point around $1.4642. The intraday range is 1.4479–1.5536, with trading volume of $1.5 million. Going forward, watch the validity of the $1.5536 resistance and the $1.4479 support, as well as the direction of institutional fund flows. Risk: If downward momentum continues, be cautious of oversold rebounds and manage positions accordingly.