From the $XRP high we've got a clean five-wave decline — wave 3 extended to roughly 2.618× wave 1, then an ABC bounce followed. If that correction's done, next leg should slice below the prior low.

Bigger picture gives us two reads:

1. That five-wave drop was wave A of a broader ABC correction
2. Or it's wave 1 of a larger five-wave bearish impulse

Now we watch structure develop and see which scenario plays out. Trade the probabilities, respect the levels, and let the count confirm before leaning heavy. Discipline wins here — no guessing, just clean reads and tight stops.