Looking at the distribution of XRP wallet holders, I really feel it's quite unfair. There are 6 million wallets holding only 500 XRP or less, while just a few people hold millions to billions of units. I think this is a structural issue across all XRP wallet holders. A year ago, 1000 XRP was about $500, so it was possible to buy with a small amount of money, but now it’s dropped to $1.43… Wait, looking at the unit price, it’s cheaper than before, but considering the overall market volatility, small investors still find it hard to enter. This has also become a topic among XRP wallet holders, but ultimately, it’s influenced by Bitcoin’s movements. The direction of BTC seems more important than the actual supply of XRP itself. No matter how many XRP wallets increase, the current situation depends on BTC.

I just saw JayDee's analysis on XRP, and honestly, the charts look quite interesting. The guy found a hidden bullish divergence on the monthly timeframe with an RSI showing underlying strength, while the price is forming higher lows. Additionally, XRP is retesting a support trend line that has been intact for seven years. If this is confirmed, it could be the setup many have been waiting for. The key here is that everything depends on Bitcoin's dominance. If BTC starts losing dominance significantly, that bullish divergence in the RSI could trigger a major move. JayDee projects that XRP could reach around $5.32 if the market capitalization hits $325 billion, which would be approximately 4x from the current $88 billion. Considering XRP is now at $1.43, the potential is there. What's interesting is that JayDee also mentions an alternative scenario: a deeper correction before the bullish move. But even in that case, the bullish divergence would still be valid. Other analysts like Dark Defender share a similar thesis, pointing out that if Bitcoin's dominance drops as it did in 2017 from 95% to 37%, we could see a massive rotation into large-cap altcoins. In 2017, XRP surged over 70,000%, so the precedent exists. For now, everything depends on whether BTC continues to dominate or if that rotation they've been waiting for finally begins.

I noticed a very rapid movement today in Bitcoin, Ethereum, and XRP. The main digital assets surged strongly within just a few hours, adding more than $100 billion to the total market capitalization, which exceeded $2.4 trillion. Bitcoin was the leader here, jumping above $71,000 with an increase of about 5% in recent hours. If you had $100 in Bitcoin initially, you would have seen a significant gain. The main reason behind this sudden rise is a wave of short position liquidations. When Bitcoin broke the $70,000 level, traders who bet on a decline had to close their positions quickly. This created a chain reaction of buy orders that pushed prices higher. Data indicates about $110 million worth of short positions were liquidated during the move. I also observed that on-chain data shows a decrease in inflows to exchanges, meaning large investors are holding onto their assets rather than selling. This typically supports bullish momentum. Ethereum rose above $2,000, and other altcoins like XRP also moved upward. From a macroeconomic perspective, Bitcoin showed a strong correlation with traditional market indices. Comments from the Federal Reserve about the possibility of pausing interest rate hikes helped improve sentiment toward high-risk assets like cryptocurrencies. The key levels to watch now are $72,000 for Bitcoin. If it can maintain this level, we may see a move toward $78,000–$80,000. But if it fails, the market could test support around $68,000 again. These movements demonstrate how quickly sentiment can change when key resistance levels are broken.