Brothers, Brother Chen wants to talk about the current market situation of XRP. There are quite a few positive signals from the technical side—if the 4-hour chart gap from 2.48 to 2.73 can hold without being filled, the bullish momentum will become clearer; the MACD golden cross has turned red, and the RSI at 65 is not overbought. Coupled with the increase in volatility brought by the opening of the Bollinger Bands, the overall rhythm is quite interesting.

Key levels to remember: 2.75 is the dividing line between bulls and bears, 2.65 has strong support, and looking upwards, there are resistances at 2.95 and 3.10. These positions can help us better grasp the rhythm. The on-chain signals are also quite interesting; a giant whale increased its holdings by 41 million at $2.86, indicating recognition of this price level. However, at the same time, 180 million coins were transferred to exchanges, so we need to keep an eye on potential selling pressure; the futures market has 2.8 billion in open interest, with a long-short ratio of 3:1, so volatility may still be quite active.

In terms of operations, Brother Chen believes that in the short term, it will still be bullish, so today's operation could lightly try to go long near 2.8485, targeting the 2.9265-2.9535 range. Of course, specifics still need to be combined with real-time changes in the market, with proper stop-loss measures and position control. After all, the market rhythm is flexible, and being a bit more cautious can lead to a more composed approach~#CRP