S-1/A - Franklin $XRP Trust (0002059438) (Filer) [137] #crypto#

#XRP I will not enter the market anymore, I have lost everything.

The fall of Ethereum today is truly alarming. I originally planned to complete the third wave in the rhythm of 1-2 waves, but this expectation has been completely invalidated. However, should I short it right now? I still need to observe a bit more; the signals aren't clear enough. This week can be considered a watershed. The only thing that still keeps me a bit hopeful is that the price structure of Ripple is currently still healthy, having held a key position. The logic is simple: if XRP can rise, ETH is unlikely to continue to languish, and then the complex ABCDE corrective pattern still has a chance. On the contrary, if Ripple breaks through the trend line strongly as we analyzed before, Ethereum will probably have to continue to test the bottom. In terms of position management: friends who haven't opened high leverage actually don't need to panic; each sharp fall is essentially an opportunity to buy at a discount. However, if you are using leverage, be sure to control your risk exposure and absolutely avoid making impulsive retaliatory moves. Also pay close attention to the US Dollar Index DXY, as the pressure from this round of fall largely comes from the crazy surge of the dollar... Keep watching the market, and I'll update you if there are any new developments.