The rebound triggered by news has still been effectively constrained in the range above 4380, and the hourly level has not broken through this position. Additionally, the KDJ indicator in the supplementary chart shows all three lines turning downward at a high level. This evening, pay attention to the resistance range, and maintain a bearish outlook as long as it hasn't broken through.

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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,