U.S. stock markets are closed, and overall market liquidity has significantly contracted. This is a typical characteristic of holiday trading, with prices mainly oscillating within a range and weak trend continuity. The XRP trading idea provided in the morning is based on a strategy of "low liquidity + range trading," not betting on a breakout, but rather taking advantage of the move that is happening.
From the current trend, the price has basically moved within the expected range, with the highs and lows realized very precisely. Those who followed the rhythm have already taken profits, and while the profit margin isn't exaggerated, the advantages are certainty and low execution difficulty. Frankly, this kind of market situation is like a gift to those who only trade what they understand about the market.
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.
U.S. stock markets are closed, and overall market liquidity has significantly contracted. This is a typical characteristic of holiday trading, with prices mainly oscillating within a range and weak trend continuity. The XRP trading idea provided in the morning is based on a strategy of "low liquidity + range trading," not betting on a breakout, but rather taking advantage of the move that is happening.
From the current trend, the price has basically moved within the expected range, with the highs and lows realized very precisely. Those who followed the rhythm have already taken profits, and while the profit margin isn't exaggerated, the advantages are certainty and low execution difficulty. Frankly, this kind of market situation is like a gift to those who only trade what they understand about the market.