The narrative that FDV/Market Cap doesn't matter because XRP has "utility" is MISLEADING. It's a trap to keep you holding while others use you as exit liquidity! 🏃♂️💨
Don't be fooled by those who don't understand simple math. They're making you delusional with FOMO, while they quietly sell their bags! 🤥📉
Let's break down why the idea of XRP reaching $1,000 is unrealistic:
Crypto wasn’t the only thing bleeding. Even so-called safe havens got crushed. If you blinked, you missed one of the ugliest weeks markets have seen in a long time. Here’s what actually went down 👇 🔥 WHAT HAPPENED LAST WEEK 1.Bitcoin dumped below $80K and briefly touched the mid-$70Ks, wiping out hundreds of billions from the market and triggering a massive liquidation cascade. 2.Over $2.5B in leveraged positions got liquidated in just 48 hours. More than $1B vanished within a few hours as longs were completely flushed. 3.Altcoins got obliterated. ETH, SOL, XRP and most top coins fell hard with double-digit losses across the board. 4.Spot Bitcoin ETFs saw heavy outflows as institutions went full risk-off, adding fuel to the sell-off. 5.Whales weren’t spared. Multiple large wallets were force-liquidated on ETH and other majors, accelerating the downside. 6.Silver collapsed over 35% in a brutal move after a sharp rally, shocking commodity markets and breaking the “safe haven” narrative. 7.Gold also crashed hard, posting one of its steepest single-day drops in decades as profit-taking and macro pressure hit everything at once. 8.This wasn’t just a crypto crash. It was a full market risk-off event across assets. 🧠 THINGS TO LEARN FROM THIS BLOODBATH Never FOMO buy the top. If everyone is bullish, leverage is high and timelines are euphoric, the risk is already elevated. Manage your risk or the market will do it for you. Over-leverage is a slow suicide. The market always collects. Crypto supercycle narratives are almost cancelled. This is no longer a straight up-only market. It’s selective, brutal and unforgiving. Liquidity matters more than hype. Cash is a position. Survival is alpha. 🩸 FINAL THOUGHT 💭 Markets don’t care about your conviction. They care about positioning. This week didn’t kill crypto. It killed bad risk management. Survivors adapt. Tourists exit. Dip buyers are watching quietly. 👀
Is $4,956 the cycle top for ETH? Or just the midpoint of a bigger move? 👀
ETH’s last major high on the monthly chart sits near $4,956. What’s crazy is it took almost 3 years for ETH to even come back to this zone… and when it finally did, it failed to hold above it.
Instead of breaking and running, ETH got pushed back down to the $2,900–$3,000 area where price is right now 📉
Meanwhile, tech stocks are making new highs. Gold and silver are exploding 🚀 And ETH holders? Still stuck between hope and pain.
Current situation:
🔴 Major resistance: $4,000 – $4,950 🟡 Current price: ~$2,935 🟢 Key support zone: $2,800 – $2,650 ⚠️ If this fails: next big area is $2,000 – $2,200
As long as ETH is below $3,500–$3,700, the market is still in recovery mode not a real bull trend.
For ETH to prove strength, it needs to: ✅ Hold above $2.8k ⬆️ Reclaim $3.5k+ 🔥 Then challenge $4k–$4.9k again
If ETH can’t do that, the risk is simple: more chop… or another leg down.
And here’s the truth most alt holders ignore:
Altseason runs on ETH ⚡ If ETH can’t break $4k and build strength, most altcoins will stay weak, slow, and frustrating.
No strong ETH → no real altseason.
So the real question isn’t “which alt will 10x?” It’s: Is ETH strong enough to lead again… or was $4,956 the cycle top? ⏳