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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,
Midday Analysis:
Congratulations to the fans who kept up, both long and short positions are profitable, let's do it again!
Currently, Bitcoin has surged from around 114300 last night to about 117000, and is now undergoing a hourly-level correction. Bitcoin is really strong! Yesterday, there was a large whale buying in large amounts, resulting in several consecutive large bullish candles, which also lifted Ethereum. The position in Bitcoin has not been opened for new entries. The current live market price of Bitcoin shows that you can pay attention to the resistance level around 117600 above, and during the day it will seek support below, which can be observed in the range of 115440-114748.
Operation suggestion: You can intervene in the south near 116400-116747, safety belt: 117659 Below target view: 115598-114836
The idea discussed in the live stream last night about the two-pie verification: first south then north, the lowest came to the 4421 line, and fans who went north at 4423-4435 have also learned the essence of flexible hanging positions (±5). Currently, the first target is to take profits at 4521, and there are currently sell orders near 4550 heading south, looking down at the 4470-4440 area!
Tonight we will specifically discuss the impact of interest rate decisions on the market. Don't miss it!
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