#BTCvsETH There is short-term upward potential, but it depends on trading volume; long-term attention is needed on several key points:
1. Current status: Price $3.54, only about 8% away from the historical high of $3.84 (2018), there is a chance for a short-term breakthrough, but it needs to be supported by trading volume (current volume/market cap is only 4.26%, not strong).
2. Potential pressure:
- Unreleased tokens: Total of 100 billion XRP, currently circulating 59.1 billion, nearly half has not been released, which may form selling pressure in the future.
- Concentrated holdings: On-site concentration 0.93, the movements of large holders directly affect the price, making it prone to sharp rises and falls.
3. Market sentiment: The third largest market cap ($209.5 billion) indicates high capital attention; if Bitcoin rises steadily or if there is good news (such as progress in lawsuits), it may drive XRP to reach previous highs.
Operational advice:
If looking for short-term gains, consider light positions, closely monitor changes in trading volume and the $3.84 resistance level; if it breaks through, it can be held. But be cautious of risks: unreleased tokens + concentrated holdings, long-term uncertainty is high, do not heavily bet! Short-term volatility may increase, setting stop-loss is more prudent.