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Don't remind me again today

#BNB创新高 is now reported at 2.26, having just climbed up from 2.15. This Rebound? I see it more like a flash in the pan.



Looking at the 4-hour chart, the EMA30 and EMA7 have already squeezed together, and the space is getting narrower. What's more concerning is the funding situation - a net outflow of 40.58 million. This number is there, large funds are withdrawing, it's not just my guess. The RSI is swaying in the middle, but don't be fooled by appearances; the volume-price relationship has already started to diverge, signaling danger.

The price is now stuck in a narrow range, moving sideways, typical of the calm before the storm. Both bulls and bears are feeling the pressure, but it seems more like a trap for those chasing high prices.

Personal operation idea: Consider positioning short positions around 2.28 to 2.32, looking at the two levels of 2.22 and 2.21. Of course, this strategy is for reference only, and the risk is to be borne by yourself.
BNB-2.67%
XRP-3.22%
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RumbleValidatorvip
· 12h ago
The net outflow of 40.58 million is solid data. The EMA squeeze is indeed dangerous, but I think it's still too early to say there's a divergence between price and volume—we need to see if the Trading Volume can break through.
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GasFeeWhisperervip
· 12h ago
The net outflow of 40.58 million is indeed true. Big funds are rug pulling, while retail investors are still chasing the price; this script is too clichéd. Wait, can 2.28 really break? It feels like it won't be that soon. The term "回光返照" is used well; it indeed feels like a near-death rebound. Short order layout is possible, but can this round fall to 2.21? I don't quite believe it. XRP's sideways movement is really tormenting; when will there be a directional change? The mismatch between volume and price is the most disgusting signal; during such times, it's easy to get trapped. To be honest, at this position, both going long and short are bets; I'll wait for a breakout before making a decision. As for the resistance level at 2.32, we will only know later whether it breaks or not to determine if the trend is up or down. BNB hitting new highs while XRP is stuck here in sideways movement is indeed like ice and fire. On the eve of the storm, this description is perfect; I currently have this feeling of frustration.
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GasWastervip
· 12h ago
ngl this $XRP bounce screams trap to me... watched the same pattern drain my gas fees last cycle, except that was on a failed bridge tx lmao. those EMA lines squeezing tighter than my cost-basis spreadsheet rn
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GasFeeSobbervip
· 12h ago
A net outflow of 40.58 million and still daring to rebound, this market is really in a bad state. This wave of XRP is just to fool those chasing the price. I also have a good outlook on the short order at 2.28, but I feel it can't break 2.22.
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GateUser-2fce706cvip
· 12h ago
I said long ago that this wave of XRP Rebound is just digging a pit for those who chase the price, and now there are still people catching a falling knife at 2.26, a typical scene of suckers being played.
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LiquidatedTwicevip
· 12h ago
Is a net outflow of 40.58 million so certain? I was wondering when large funds have been this transparent.
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