Technical Overview of Altcoins: Ethereum and XRP Still Under Strong Bearish Pressure Ethereum is trading at $1,738, maintaining price stability as it remains below the 50-, 100-, and 200-day exponential moving averages. Despite improved momentum with the MACD in positive territory on the daily chart, the RSI has dropped near the midline, indicating increasing selling pressure. Daily Chart of ETH/USDT Immediate resistance lies at the 50-day EMA around $1,803, followed by the 100-day EMA near $1,964, and then the 200-day EMA around $2,251 — a level that needs to be reclaimed to ease the overall bearish pressure. On the downside, initial support is at the current price level, with strong demand indicated by the Parabolic SAR level near $1,616. A daily close below this latter level would likely reopen a deeper corrective phase. On the other hand, XRP shows a short-term bearish trend, with its price still below the 50-, 100-, and 200-day EMAs. The MACD confirms a positive outlook on the daily chart. However, the RSI near 42 suggests that sellers are tightening their grip on the market. Daily Chart of XRP/USDT Initial resistance is observed at the descending trend line at $1.16, followed by the 50-day EMA at $1.18, the 100-day EMA at $1.28, and finally the 200-day EMA near $1.49, reinforcing broader constraints on any recovery attempts. In contrast, the first support level lies at the Parabolic SAR level of $1.02. A daily close below this level would open the door for a deeper decline, while staying above it would keep XRP in a bearish but stable range below the converging EMAs. $XRP ‌ $ETH ‌

$XRP On the 4-hour level, after a rebound surge earlier, it has now hit a resistance zone with heavy selling pressure. The recent upward momentum has clearly weakened, and the pace has slowed significantly. In the short term, a pullback and adjustment are likely. A more prudent approach is to wait for the price to bounce back up before looking for shorting opportunities. Short near 1.09–1.20, targets 1.05, 1.03. $LAB #美国比特币ETF净流入4026枚BTC #Strategy上周减持3588枚BTC

This recent pullback has a much cleaner pace than before. When $XRP kept failing to push higher after reaching the high range, my focus shifted from whether the rebound was strong to whether the overhead pressure was continuing to expand. The long entry point for this position was at 1.1661. I didn’t rush in; instead, I waited to see the pullback fail before looking for the bearish continuation. Now the price has moved to 1.0777, and +704.7% has already been realized, showing that my earlier judgment is starting to play out. My trading habit is to first watch for a retracement after profits show up, and not to relax just because things are going smoothly. The 80/20 approach is mostly to keep my mindset steady: protect the bigger part, and use the smaller part to observe how the structure extends. The biggest fear in this kind of market is wanting to chase after the drop has already happened—if you miss it, don’t force your way in. Set/keep the protective (guard) level in place; the trading rhythm matters more than emotions. $BTC $ETH