XRP 1.97 USD level trap? Whale accumulation vs. short squeeze

Question

【Crypto World】XRP has been making quite a fuss lately. The current price hovers around $1.97, just one breath away from breaking through the psychological level of $2. Interestingly, many short positions are clustered above, while whales are counterintuitively accumulating—this kind of opposing situation often hides hidden clues.

From the funding rate perspective, the negative value has reached -0.00323, indicating that short-term sellers are paying, and market sentiment is weak. But this could also be a sign of a reversal. Once buying momentum suddenly surges in, these concentrated short positions will be forced to cut losses, and the compressed energy will be released instantly, likely causing XRP to accelerate upward. The key is whether it can truly break above $2, which would confirm a reversal.

AlwaysMissingTops · Accepted Answer

Whales are absorbing, and bears are stacking up. This rhythm is quite interesting, I feel like the $2 mark is that critical threshold.

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Negative fee rates, short sellers are bleeding. I've heard the reversal signals many times before...

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Can it really break above $2? The key still depends on whether genuine funds will enter later.

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Bears are concentrated + whales are accumulating, this chess game is interesting, but I still want to see a breakout before making a move.

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Is the negative funding rate reliable this time? I’ve said the same before, and it still dropped, haha.

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The psychological price level of $2, I hear this every time, so annoying, it just won't break through.

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Whales are acting, retail investors are watching the show. That’s the gap, I guess.

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Too many traps, I’ll wait and see before jumping in, afraid of getting crushed.

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The idea of energy release sounds impressive, but I’d rather wait for a confirmed breakout before trusting it.

DustCollector · Answer

Is it the same pattern again, a short squeeze leading to a reversal? I don't buy it. Will this be a genuine reversal this time, or just another trap?

SchroedingerAirdrop · Answer

The short positions are piling up so aggressively, and the whales are still absorbing, which feels a bit off.

Is the $2 level really that difficult?

Negative fee rate, short sellers should be panicking.

Waiting for a reversal signal, feels like there’s something to this move.

Whales are building positions, shorts are dreaming, XRP’s current trend looks promising.

Once it breaks above $2, everything will become clear. Right now, it’s hard to tell.

The fee rate inversion must be causing short sellers’ blood pressure to spike.

Once the compressed potential energy is released, the shorts will really get liquidated.

MetaverseMigrant · Answer

That $2 barrier, it seems like the bears are holding strong.

HallucinationGrower · Answer

Whales are sucking in, and the bears are still holding on desperately. This is the signal that it will break below 2... Even with negative rates, they still insist, it's hilarious.

OnchainGossiper · Answer

The more shorts gather, the more I feel this is an opportunity. What does it mean when whales are accumulating...

Don't talk to me about a reversal until it breaks through 2 dollars. Wait until it surpasses that first.

I've played with negative fees a few times, and every time I thought it would rebound, but it just kept crashing.

Whale accumulation? I think it's more like the last phase of buying before a dump.

This psychological price level feels like a slaughterhouse.

I'll get in once $2 really stabilizes. It's too虚 now.

Actually, such a negative fee rate is already a strong signal. The shorts are bleeding.

It's the same story again, waiting for a reversal every day. Why hasn't the reversal come yet?

Whale accumulation + short gathering, it's either a good show or just a routine.

XRP 1.97 USD level trap? Whale accumulation vs. short squeeze

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