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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
For those investors still immersed in the so-called 'bull run' fantasy, it's time to wake up. What you think is a bull run may just be wishful thinking. If we were truly in a bull run, the Bitcoin price would have already surpassed the $130,000 or even $150,000 mark. The urgent task is to focus on the current market reality, rather than indulging in illusory expectations.
Although there was a surge last week driven by positive data, this week's opening failed to continue that momentum. Does this signal something important? A large-scale correction may be imminent, and the market is entering a phase of consolidation. Investors who are still deeply trapped should carefully consider adjusting their positions in a timely manner when conditions allow. If a sharp decline does occur, even those with strong financial backing may find it difficult to exit unscathed. This is not alarmism, but a rational analysis based on market trends.
The market currently widely expects the Federal Reserve to cut interest rates by 25 basis points, and this expectation has largely been priced in. However, this may instead become the trigger for a significant drop. Investors are advised not to wait until it is too late; they should prepare in advance and manage risks now. The market is always changing rapidly, with opportunities and risks coexisting, making it crucial to remain calm and rational.