$XRP: opposite fund flows do not prove the same money switched coins.

Some Square posts are framing Bitcoin-versus-XRP fund headlines as an institutional rotation. I would treat that as a hypothesis. Even if two flow reports point in different directions, they do not identify the investors or show that money leaving one product entered the other. Different buyers can make unrelated decisions.

The useful next check is whether XRP shows sustained demand and strength against Bitcoin, rather than relying on a rotation story alone. I am not treating the reported flow figures as verified here.

Futures is at 1.343. The last 24 completed 1H candles give a lower range boundary of 1.283 and an upper boundary of 1.345, not proven multi-touch levels.

An hourly close above the upper boundary followed by a holding retest would support a bullish price case. Slipping back inside would weaken it. Closing below the lower boundary and failing to reclaim it would favor caution; recovery into the range would challenge that bearish case.

Fund-flow divergence is a research question, not proof of where the next rally must happen. Conditional commentary, not a confirmed trade signal.