I noticed an interesting point in the market — Bitcoin broke through $71K after news about negotiations with Iran. In one day, cryptocurrencies rose by 5%, but then pulled back when conflicting information appeared. Ethereum, Solana, Chainlink — all showed a similar pattern. Oil fell by 11%, which caused significant liquidations in futures. Now it's interesting to watch XRP — yesterday it dropped from $1.36 to $1.33 on high volumes. Resistance at the $1.35 level holds, but it doesn't break above $1.40–$1.41. It seems the market isn't entirely confident in this rally. What’s curious is that Bitcoin options show a defensive stance. Puts are trading with a volatility premium of 8–10 points, even though everything on the surface looks risk-on. It appears experienced traders are waiting for pullbacks and preparing for possible consequences of political instability.

Just checked XRP and it's still drifting around $1.33 right now, down a bit from where it was trading earlier. The price has been stuck in that tight $1.32-$1.38 range for a while now, with volume pretty dried up. Looks like traders are just waiting on the sidelines for a real move to happen. What caught my attention though is the activity on XRP Ledger itself. Daily transactions hit around 2.7 million and there's roughly $461 million in tokenized real-world assets on the network now. So even though price action is boring, the chain is actually seeing some decent usage, especially from RWA projects building on it. Technically, XRP keeps drifting between support near $1.32-$1.34 and resistance around $1.38-$1.40. The token tried pushing higher earlier but got rejected pretty quickly when volume spiked. Now it's just consolidating sideways as participation remains light. Traders are watching whether support holds at $1.32-$1.34. If it does, we could see another attempt toward $1.40 or even $1.50 if momentum picks up. But if it breaks down below $1.32, that could open up the next downside target around $1.30. The whole thing feels like it's drifting until liquidity returns and gives us a clearer signal. Pretty typical consolidation setup honestly.