Friends in the crypto community, note that I am Rui Shen! $XRP The spot ETF had a net inflow of $10.2 million yesterday, accumulating close to $1 billion. Institutional funds are continuously buying like a trickling stream, but prices are stagnant as still water. What secrets are hidden behind this? Follow Rui Shen, and I will dissect the cruel truth behind 'capital inflow'.
Calm analysis of the news aspect:
The continuous inflow of ETF funds indeed proves that XRP's long-term compliance value is slowly being accepted by traditional finance. However, we must recognize the nature of this type of capital: they are 'allocative' chronic funds aimed at long-term asset layout, not for short-term price increases. In the current weak market environment, such a small inflow cannot offset the overwhelming selling pressure in the market and may even be exploited by sharp short sellers as a perfect cover for 'selling on good news.' The short-term trend is ultimately determined by the immediate forces of bullish and bearish battles in the market.
The harsh reality of the technical aspect:
The one-hour candlestick chart reveals the most real battlefield. Prices are firmly suppressed below the key level of 2.07, making it powerless to rise. More importantly, the technical system is almost entirely 'flashing red': from the one-hour to the one-week cycle, all give a 'strong sell' signal. All moving averages are issuing sell signals, which is an extremely rare extreme bearish formation. The MACD is below the zero axis, and the energy continues to shrink, indicating that every weak rebound lacks buying support, a typical characteristic of a downward continuation. All technical language is screaming one word: weakness.
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Rui Shen's views and strategies:
Rui Shen is bearish on XRP's market today. The core logic is that the slow ETF 'blood transfusion' cannot offset the ongoing 'internal bleeding' caused by the 'strong selling' technical structure. The power of the trend far exceeds the slow positive news.
In operations, be sure to stay clear-headed and adopt the defensive strategy of 'reducing positions on rebounds, never easily catching falling knives.' The 2.07-2.10 area can be seen as a clear rebound resistance zone; any weak rise approaching this area is an opportunity to reduce positions. Before there are clear signs of a bottom reversal in the market, do not blindly guess the bottom; the primary goal is to prevent the risk of prices probing down to 1.98 or even lower support.
Friends in the crypto community, when a large ship is slowly sinking, a few small hoses injecting water are of no use. True wisdom is to leave the deck before the signal for repair appears. Follow Rui Shen, and I will give you the clearest signal when the real turning point occurs, helping you avoid traps and seize opportunities. #美联储降息
