📉 What Really Crashed XRP, SOL, ADA? Let’s Talk ETFs and but first #Xrp🔥🔥 RP Quick Market Check #XLM/ $BTC $XRP $XLM

Good morning and good night to usa

now i have , Just took an entry on XRP around 3.22, keeping tight Stop Loss at 3.14 and aiming for a short Take Profit near 3.36 watching the EMA 50 and MA 200 closely. This recent dump was triggered by negative news: BlackRock pulled back ETF plans for XRP, SOL & ADA. That shook the whole altcoin sentiment.

But now we’re seeing some bounce from 3.05 low, good volume kicking in, possibly a relief move. Still cautious it's not altseason yet. If bulls hold above 3.22, might ride it to short-term highs. Set SL & TP wisely, volatility is insane. 🚀

📉 What Really Crashed XRP, SOL, ADA? Let’s Talk ETFs (Trader’s POV)

So here's what went down yesterday

Big hype was building around Spot ETFs for XRP, Solana, and Cardano. Many traders were expecting a major push after a filing was made to list these altcoins in ETF format, just like we saw with Bitcoin and Ethereum.

But suddenly, Ark Invest and 21Shares withdrew their ETF applications, reportedly due to ongoing regulatory pressure from the SEC. That triggered a massive sell-off, especially on leverage XRP dropped sharply from 3.63 to 3.05, liquidating tons of longs.

Now today, price is stabilizing near 3.22 short-term recovery signs are visible, but volume is key. Still risky to go heavy. The ETF withdrawal created uncertainty, and unless we get new bullish news, altcoins might stay weak for a while.

I’m trading cautiously: scalping small bounces, keeping tight SLs, and staying updated on any SEC or ETF reversal announcements. If ETF talks revive, expect a huge altcoin bounce, but till then it's all about risk management. 🧠💹