XRP's current trend issue, to put it simply, is structural weakness. Looking at the daily rebound, each high point is moving lower. What does this reflect? The funds entering the market are becoming more conservative, and the rush mentality is particularly obvious.

The position around 2.10 should be重点关注, as it was a previous point of rebound failure and also accumulated a large number of trapped orders. Without releasing trading volume, a direct breakout is basically impossible.

From a trading perspective, a rebound to the 2.08 to 2.12 range is a good point to close positions, with a stop set at 2.18. If it drops, 1.95 is the first target, and there might be a chance for a rebound. But if 1.95 cannot hold, 1.90 will be repeatedly tested. For such coins, doing wave trading with long positions carries too much risk; short-term trend-following is the way to go.