Friends, I am Qi He. I just came across a piece of data that shocked me: Yesterday, nearly $44 million net flowed into the XRP spot ETF alone, with Bitwise taking more than $19 million. On the other hand, the Solana ETF also saw an inflow of $7.47 million. The money is real, but what about the market? The 4-hour chart is alarming.

News:


This is interesting. On one side, huge funds are continuously buying through legitimate channels, indicating that institutions and large holders are optimistic about the long-term value of XRP, and they are quietly positioning themselves.
On the other side, short-term technical charts are weakening across the board, market sentiment is bearish, and retail investors may be panicking or waiting.
What does this indicate? It indicates that the main force is likely to be 'falling and absorbing.' They use the decline to wash away the unsteady retail chips while buying at low positions. In the financial market, this kind of 'storytelling' method is too common.


Technical analysis:


Directly look at the chart marked by Qihe for everyone:
Upper resistance: 2.0500, a bit stronger is 2.2000, these two positions are now like a ceiling, pressing down hard.
Key position: 1.8809, this is the lifeline of the current battle between bulls and bears.
Lower support: 1.7500, if this breaks, the mentality will collapse.
What’s more prominent is the MACD, the white line and the yellow line just touched above the 0 axis and turned down, forming a 'dead cross.' This is a signal for continued short-term decline in the eyes of technical analysts.
The price is now rubbing near the key level of 1.8809, down 1.17%, not strong or weak, but it seems that there is some capital supporting below.

What should the players do now? Qihe gives you two tips.
If you are a short-term expert: now is not the time to chase up. Patiently wait for it to drop, pay attention to whether there is a stop-loss K-line signal in the 1.88-1.85 area. Specific points.chat room
If you are a medium-term planner: a decline is your best friend. Don't shoot all your bullets at once, around the key levels of 1.90, 1.85, and 1.80, you can adopt a 'batch order' method to buy.


Qihe's personal opinion:
I believe the main force is using the positive news from ETFs for 'cover' and 'washing the plate.' Retail investors see the good news and rush in, just as they are selling part of their chips near the key resistance level, washing out the unsteady following orders. Therefore, the possibility of a direct violent increase to break through the 2.05 resistance level tonight or even early tomorrow morning, under the current technical pattern, I think is quite small.

This wave of market has not ended yet, for more detailed positions and operations, find Qihe, the specific ambush points will be announced in the chat room! I not only provide signals but also teach you how to combine technical and news analysis to judge opportunities yourself, refuse to be a leek! chat room