Last night, the cryptocurrency market experienced a significant fall, with bearish sentiment dominating market trends and an overall trading atmosphere that is exceptionally bleak. From various time frames, the market shows a clear bearish arrangement, and the bullish forces find it difficult to form effective resistance.



Today's market focus will be on the sustainability of the downtrend. From a technical perspective, XRP may encounter resistance in the 4420-4450 range. If it breaks down, the next support level may be around 4340. If it loses that level again, it may further drop to the 4290 level. If this key support is also breached, it could trigger a deeper correction.

It is worth noting that despite the overall weak performance of the market, Ethereum (ETH) has set a new historical high against the trend, indicating that there are still structural opportunities for some mainstream encryption currencies. Investors need to remain cautious in the current market environment and closely monitor various technical indicators and changes in market sentiment in order to adjust their investment strategies in a timely manner.
XRP5.95%
ETH5.9%
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WhaleWatchervip
· 8h ago
Bear Market? Just do it when ETH hits a new high.
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SchrödingersNodevip
· 20h ago
The bears haven't entered a position yet.
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ser_we_are_ngmivip
· 20h ago
bearish traders are right~
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ForkMastervip
· 20h ago
I'm too lazy to watch this fall. How about airdrop tutorial to raise the kids?
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Web3Educatorvip
· 20h ago
well, time to lecture my students about market psychology again tbh
Reply0
FarmHoppervip
· 20h ago
Just pump, it's too fake.
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