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
XRP0,09%
BTC0,03%
SOL-0,21%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)