Coin friends, the God of Wealth has arrived! Today, the U.S. spot ETF saw a net inflow of 19 million USD in a single day, but the coin price remained unchanged. Is this a move by the big players to secretly take advantage, or is it a 'fatal temptation' for retail investors? Follow the God of Wealth, and I’ll explain it all in 3 minutes!
News vs Capital: ETF 'open market buying' vs smart money 'secretly dumping'
The continuous buying of ETFs is indeed positive news, indicating that Wall Street institutions are genuinely investing real money in XRP. But strangely, on-chain contract funds have seen a net outflow from 4 hours to 10 days, with 347 million USD running away in 10 days! What does this indicate? It shows that the 'players inside' — large holders, market makers, and early investors — are secretly offloading their chips to the ETFs and retail investors, taking advantage of the liquidity and market attention brought by the ETFs. They are thinking: 'You institutions can buy slowly and create a bullish atmosphere, and I will just sell at a high position.' This is a typical 'positive news sell-off' strategy.
Technical aspect: dead cross is locked, 1.89 becomes a 'chasm'.
MACD dead cross, both white and yellow lines are below the zero axis, energy bars shrink - bears completely control the situation.
The price is pressed near 1.64, distant from the key level of 1.89, and the upper pressure level of 2.0 is like a 'chasm'.
1.82 below is the first support, 1.77 is the second line of defense. Once it breaks below 1.82, it may accelerate down to 1.77.
All short-term indicators are 'strong sell', this is a textbook downtrend, any rebound appears weak.
Rui God shares daily, if it helps you, you can follow Rui God, join the chat room to get first-hand information and entry points!
Rui God's view: bearish! Any rebound is an opportunity to escape.
Rui God's judgment is straightforward: the downward trend of XRP is intact, before breaking and stabilizing at 1.89 with volume, all rises are regarded as 'technical rebounds' and 'trap for longs'. A more likely path is: briefly rising on ETF news, attracting follow-up orders, then encountering resistance below the key level of 1.89, turning down to test the support at 1.82 or even 1.77.
Retail investor operation advice:
Holding position advice: give up unrealistic fantasies. The area near 1.89 is the last position to reduce holdings for escape; if the rebound is weak and cannot touch or break through, you must decisively reduce holdings. Once it breaks below 1.82 and cannot recover in a short time, be sure to stop loss to prevent loss from expanding.
Observation advice: keep your hands steady! Avoid chasing highs! At least wait for two clear signals: first, the price breaks through 1.89 with volume and stabilizes; second, the price falls to the strong support area of 1.77 and shows signs of stabilization. If neither occurs, just watching is the best operation.
All crypto friends remember: in the crypto circle, 'good news does not rise, there must be a problem.' When the market is numb to obvious good news or even falls in reverse, it often means greater risks are behind.
Crypto friends, the market is always educating us with real money: when the 'positive news' and 'capital outflow' diverge, always trust the choice of capital.
Rui God announces three waves of strategies daily in the chat room. If your position is not 5000000, please follow Rui God's real-time advice to avoid liquidation risks. The current market is unpredictable, and every fan has different positions, follow Rui God, for real-time updates on entry points announced by Rui God in the chat room! #美国非农数据超预期 #巨鲸动向
