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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,
📊 Today's Liquidity will gradually recover, brothers pay attention to market turning point signals.
💗The big coin tested 104000 in the early morning without breaking it. The small-level rebound still needs to test the resistance. Today, we will observe the breakthrough situation of the resistance at 106600-107400. If the resistance cannot be broken tonight or if it falls back below 104000, this rebound will have to end, and we will continue to test the key levels of 100000-98000.
💗Ethereum continues to focus on the 2490-2500 support level; if it holds, a rebound is expected. Today, pay attention to the resistance levels at 2600-2620; a breakout will lead to a continuation of the rebound. However, if it surges and then falls below the early morning low, it will turn weak. In the following market, if a retracement continues, look for 2400-2350.
💗trading strategy
The short-term spot positions defended last night's low point of Ethereum. If the defense holds, continue to hold; pay attention to the breakthrough situation at 2600-2620 during the rebound. If resistance is not broken or the defense level is breached, exit all short-term spot positions.