XRP Detailed Explanation at Dawn:
The first XRP futures ETF in the U.S. has just launched, and this is quite significant as it has directly attracted a lot of institutional funds. On the first day of its launch, a large amount of capital flowed in, indicating that future liquidity will likely improve, and the expectations are quite positive.
Looking at the motives of large funds, on-chain data shows that a whale address accumulated 230 million XRP within three hours, signaling that institutions are clearly buying the dip. Moreover, it is said that BlackRock is also secretly buying, having possibly accumulated around 1 billion XRP. This is truly a strong boost for the market.
Therefore, the strategy is still to buy low and make a profit. Buying directly when the price is around 3.50-3.47, with a target first at 3.58, then looking at 3.65. If it can break through, we can aim higher at 3.81.
