XRP急跌：是pullback蓄力还是危机序幕？

Last week, it just broke the new high of 3.65, surpassing the peak of 2018, and in the blink of an eye, it fell to 3.09, a significant drop of 14% within a week.

This pullback has liquidated 1.3 billion in open contracts (30% of the total), resembling a leverage reset after an increase. The 3.00 level has shifted from a previous resistance to a support level, and the active trading situation indicates the presence of buying pressure.

A reversal signal has appeared on the daily chart, but if it falls below the 2.80 level, the short-term trend may change. The sell order of 75 million XRP on the South Korean exchange triggered market volatility, leading to the liquidation of 90 million long positions.