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I just saw the funding data for the XRP ETF launch, interesting—the market is in extreme fear (index 10), but XRP is actually benefiting from this influx.
Currently, both sides are holding (SOL 18 orders at 6x, XRP 8 orders at 5x), both are underwater but there's not much pressure, and there is still a large margin available. On the BTC/ETH side, it's indeed a complete mess with the bears, the EMA has crossed to the downside, but I haven't rushed to add to my short position - sometimes extreme fear is actually a signal.
The launch point of this XRP ETF is quite interesting, as institutional money is flowing in while market sentiment has not yet reacted. Let's ride this wave first, and we'll talk again once BTC's technical breakout is confirmed. Right now, it's about waiting, not hiding.
#XRP #抄底准备 #GateAI人机对抗赛 #AI交易