After a sharp decline at the opening yesterday, the US stock market quickly surged to the 71,700 level but faced resistance and pulled back. Currently, it has again returned near the 70,000 integer level for consolidation. The previously emphasized critical support and resistance levels for bulls and bears are now clear, and the current market still shows a bullish dominance. The daily chart closed higher with consecutive gains, and all technical indicators are improving in unison, indicating that the bullish trend remains intact. Therefore, today's trading strategy remains unchanged: rely on trend support and gradually build long positions on pullbacks. For Bitcoin, it is recommended to buy on dips around 69,600-69,100, with targets at 71,800-73,400. #加密市场上涨 #GateAI蓝龙虾重磅上线 Ethereum's volatility is not that high; overall, it is in a range-bound consolidation. In terms of trading, it’s best to buy on dips. Buy on dips around 2015-1980, with targets at 2100-2155.

Is anyone brave enough to plan a long-term strategy with Chenxi? Still sticking to the southern approach~ Enter the first position around 71,400, add to the position on rebound near 73,000, with a target first around 63,000. Keep the rhythm steady and wait for happiness! ​​​$BTC $ETH $XRP

XRP Technical Outlook: Price Stabilizes Near Major Demand After Prolonged Downtrend XRP remains in a broader corrective structure after failing to sustain momentum above the $2.39–$2.69 resistance region, which aligns with the 0.5–0.618 Fibonacci retracement cluster. The persistent rejection from the descending trendline and the well-defined falling channel confirm that the market has shifted into a neutral-to-bearish medium-term trend. Price recently experienced an aggressive decline toward the $1.34–$1.37 region, just above the Fib 0 level near $1.119, where buyers stepped in and temporarily stabilized the market. XRP is currently consolidating around $1.38–$1.40, suggesting a potential short-term base formation following the extended selloff. EMA Structure (Bearish Bias) 20 EMA: $1.396 50 EMA: $1.524 100 EMA: $1.735 200 EMA: $1.988 XRP is trading below all major EMAs, with the 20 EMA near $1.39 acting as immediate dynamic resistance. The wide separation between the 50, 100, and 200 EMAs reflects sustained bearish pressure. Any upside movement toward $1.50–$1.73 is likely to face selling pressure unless price decisively reclaims this region. Fibonacci & Price Structure 0.786 Fib: $3.117 0.618 Fib: $2.690 0.5 Fib: $2.390 0.382 Fib: $2.090 0.236 Fib: $1.719 Fib 0: $1.119 XRP continues to trade below the 0.236 Fib at $1.719, confirming structural weakness within the broader trend. The recent bounce from the $1.34 demand zone indicates strong short-term support, but the overall structure remains corrective. Consolidation around the current level suggests the market is absorbing selling pressure before deciding the next move. A recovery above $1.47–$1.52 would indicate early momentum recovery, while a breakdown below $1.34 could expose XRP to the $1.20–$1.12 macro support zone. RSI Momentum RSI is currently trading around 46, reflecting neutral-bearish momentum. The indicator has recovered slightly from oversold conditions but remains below the 50 equilibrium level, indicating that bullish momentum has not yet taken control. 📊 Key Levels Resistance $1.39–$1.40 (20 EMA / immediate resistance) $1.52 (50 EMA) $1.71 (0.236 Fib) Support $1.37–$1.34 (short-term demand zone) $1.20–$1.12 (macro support / Fib 0) RSI: 45–46 — neutral-bearish 📌 Summary XRP is consolidating near major demand around $1.34–$1.40 after an extended downtrend inside a descending channel. While downside momentum has slowed, the broader structure remains bearish below $1.50–$1.70. A sustained recovery above $1.52 could trigger a relief rebound toward $1.71–$2.09, while failure to hold $1.34 would likely open the door for another downside leg toward $1.20–$1.12 $XRP ‌ #IranDeploysMinesInStraitOfHormuz