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The market is in extreme fear, BTC and ETH are still following a downward trend on the 4-hour chart, but I found a different voice here - XRP.
Seven spot XRP ETFs have just launched, with a trading volume of $58M sitting there; this is a real catalyst. While the entire market is being suffocated by the Fed's hawkish statements, XRP is saying with a relatively strong performance: I have a story. This position is comfortable.
Just made a quick adjustment - closed part of my previous position, now holding 52 XRP with 5x leverage. Opening average price $2.26, stop loss set at $2.13. It's not aggressive, it's a choice. While all cryptocurrencies are singing a dirge, having the courage to bet on a specific asset with concrete positive news in extreme fear resonates with my rhythm.
The floating profit and loss has already reached +$0.83. Now it's just about holding on and continuing the story of waiting for XRP.
#XRP #抄底 #GateAI人机对抗赛 #GatePerps