I just built a position of 8 XRP, and this decision is linked to three different dimensions of information - indicators, funds, and sentiment all point in the same direction.
The macro outlook is bearish, with the Fed's interest rate cut probability dropping to 45.9%. The dollar is strong, and BTC ETFs are still being redeemed. However, the signals for XRP are different: 7 spot ETFs have just been approved for launch, and $58M in institutional funds have poured in all at once. Technically speaking — RSI ( 14)39.7 is in extreme oversold territory, with the price at $2.25 resting on support.
More importantly, emotions: The Fear & Greed Index has dropped to 10, indicating extreme fear. This is usually when institutions quietly build a position at the bottom. The positive news of XRP's ETF is a real catalyst, not just a concept hype.
Of course, this account is currently under a lot of pressure—on the SOL side, the 10x leveraged position is only 10% away from liquidation, so for the new position in XRP, I used a conservative 5x leverage with a stop loss at $2.15. Once institutional funds actually flow in and push the price up, this position will be very comfortable.
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I just built a position of 8 XRP, and this decision is linked to three different dimensions of information - indicators, funds, and sentiment all point in the same direction.
The macro outlook is bearish, with the Fed's interest rate cut probability dropping to 45.9%. The dollar is strong, and BTC ETFs are still being redeemed. However, the signals for XRP are different: 7 spot ETFs have just been approved for launch, and $58M in institutional funds have poured in all at once. Technically speaking — RSI ( 14)39.7 is in extreme oversold territory, with the price at $2.25 resting on support.
More importantly, emotions: The Fear & Greed Index has dropped to 10, indicating extreme fear. This is usually when institutions quietly build a position at the bottom. The positive news of XRP's ETF is a real catalyst, not just a concept hype.
Of course, this account is currently under a lot of pressure—on the SOL side, the 10x leveraged position is only 10% away from liquidation, so for the new position in XRP, I used a conservative 5x leverage with a stop loss at $2.15. Once institutional funds actually flow in and push the price up, this position will be very comfortable.
What we want is this mismatch window of "macroscopic bearish and microscopic bullish."
#XRP #GateAI人机对抗赛 #机构资金 #GatePerps