#数字资产市场动态 The recent pullback in the layer 2 contracts caught a good shorting opportunity. In just one day, Ethereum absorbed a 90-point drop, directly earning 10,000 yuan. The recent volatility of Bitcoin and Ripple has indeed provided plenty of trading opportunities. If you're interested in discussing market rhythms together, feel free to reach out. $BTC $ETH $XRP

American retirement funds are moving towards algorithmic trading XRP - - #cryptocurrency #bitcoin #altcoins

XRP's recent movements are quite interesting. During most trading sessions, the price has been fluctuating within the range of $1.8615 to $1.8700, a level that previously served as support. However, at the close, the situation changed—selling pressure suddenly surged, and the price cleanly broke through this support zone, directly entering a lower trading range. Based on this rhythm, the short-term bears are clearly in the lead. Even more intriguing is the volume data. When the price rebounded to around $1.9061, trading volume skyrocketed to approximately 75.3 million tokens, nearly double the average daily volume. What does this indicate? It suggests that large funds did not increase their holdings during the price rise; instead, they took the opportunity to offload. Under these circumstances, the price naturally cannot move upward. Looking at the intraday details, during the decline from $1.878 to the mid-range of $1.86, volume repeatedly increased significantly. Especially in the drop from $1.867 to $1.865, single-trade volume increased by about 2.7 million tokens. This is not just natural market fluctuation but driven by real capital pushing the price down. To summarize the past 24 hours: XRP fell from $1.8942 to $1.8635. The resistance above still holds near $1.9061, but the support line from $1.8615 to $1.8700 has been broken, and the price is currently trading in a lower range. Overall, the intraday volatility remains moderate, with a range of about $0.0395, roughly 2.1%. For new traders, the key point to recognize now is that XRP is facing significant short-term selling pressure, and the price is likely to continue oscillating within the lower range. Focus on the movements of support and resistance levels—if the price can regain and hold above that support zone, there may be a rebound opportunity; but if it continues to break downward, the downward pressure will persist. In any case, remember to manage your positions carefully and stay aware of risks when trading.