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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
#Gate 2025全球秋季校园招聘启动# #ETH走势分析# #Solana财库公司崛起#
Yesterday, Bitcoin showed a "rise first then fall" fluctuation: in the afternoon, it rebounded from a low of 110803 to a high of 113429, then the bullish momentum weakened, and the price fell back, hitting a low of 111820 in the evening before slightly rebounding. It is currently trading narrowly around 112400, with volatility converging. As the end of the month approaches, the monthly K-line pattern for Bitcoin is becoming a core determinant of the "bull-bear battle." The monthly line carries medium to long-term trend signals; ultimately, a close above the key moving averages or a drop below the support range will directly impact future market expectations, making this fluctuating phase particularly critical. From the market perspective, the bullish force has been released slowly, lacking sustained funding and emotional support. The probability of a strong short-term breakout is low, and the market remains in a stalemate between bulls and bears, with both sides tugging at key price levels, and the trend remains unclear, potentially balancing or continuing until the end of the month. The four-hour level shows a clear downward wave structure, with previous support levels consecutively breached and significant pressure present. Although there was a rebound after three consecutive bearish candles, the rebound high has declined, and the volume has not cooperated, highlighting doubts about the effectiveness of the price increase. The continuation of the subsequent rebound needs further verification. Currently, do not blindly chase long positions. There is a lack of clear trend guidance; fluctuating rebounds are prone to reversal. It is advisable to wait for increased volume to break resistance levels or for a clear reversal pattern before adjusting strategies to avoid risks of misjudgment during the bullish-bearish stalemate.