XRP buy low strategy: If the price retraces to the support range of 2.95-2.92 and shows signs of stabilization, consider gradually placing long orders, aiming at the resistance area of 3.08-3.15. Shorting opportunity: If the price rebounds to the 3.08-3.15 resistance zone and encounters resistance, you can try to open a short order with a light position, targeting a return to the 3.00-2.96 support area, and you need to strictly control your position.

In K-lines, there are various monthly line repair patterns, and the following are some common patterns: - Bottom Formation: Composed of three consecutive monthly candlesticks, the low of the middle candlestick must be lower than the lows of the left and right candlesticks, forming a "concave" structure. The closing price of the third candlestick must be more than 50% higher than the entity part of the first candlestick, and the trading volume must significantly shrink during the second candlestick, with the third candlestick accompanied by an increase in volume. This pattern usually appears at the end of a long-term downtrend, indicating that the stock price may reach a bottom and rebound. - V-shaped bottom: The stock price suddenly stops declining during a downtrend and then quickly reverses upwards, forming a shape similar to the letter "V". During the reversal, the trading volume significantly increases, and afterward, the stock price continues to rise and can sustain for a period of time. A breakthrough of the previous downtrend resistance level can further confirm the validity of the pattern. - W-shaped bottom: Also known as a double bottom, the stock price first drops to the first low point, then rebounds to form a high point, subsequently drops again to a position close to the first low point to form a second low point, and then rebounds again to break through the previous high neckline, completing the W bottom formation. The prices of the two low points are similar, and the breakout of the neckline is usually accompanied by an increase in trading volume, with the upward potential approximately equal to the vertical distance between the two low points and the neckline. - Arc Bottom: The K-line trend shows an arc-shaped bottom pattern, indicating that the stock price has reached a temporary bottom support level. During its formation process, trading volume typically also changes in an arc shape, gradually shrinking first and then expanding as the stock price rises. After the arc bottom is formed, the stock price often sees a significant increase.

#加密货币ETF审批进展# The SEC's approval of a universal listing standard for crypto ETPs is indeed a significant move! Previously, each product had to apply separately, and the process was long and costly. Now, products that meet the standards can be listed directly, with approval time reduced from 240 days to 75 days, which is a major Favourable Information for the entire industry. I believe we will see a surge of crypto ETPs in the coming months, not just Bitcoin and Ethereum, but even popular alts like Solana and XRP could soon have corresponding products. With the Fed starting to cut interest rates, a large amount of traditional capital is expected to enter through ETPs. However, we should still be cautious when copy trading, as new products may experience significant Fluctuation in the early stages. It's advisable to observe for a while before making a move. If we can seize this market wave well, we should be able to make a considerable profit.