Crypto friends, I am Zhao Gongming! Last night's bloodbath was not an accident, but a prelude to a 'rate hike storm' sweeping global risk assets! Under the dual pressure of expected rate hikes from the Bank of Japan this Friday and significant personnel changes at the Federal Reserve, the technical aspect of XRP has become like a fragile spider web, with 'strong sell' signals lighting up in red. Follow Zhao Gongming, and in three minutes, I will reveal to you why XRP may drop the deepest in this storm.
News: The global tightening 'gray rhino' is coming, history indicates ominous signs
The core logic of the crash is a 180-degree reversal of the macro narrative. The market is almost certain that the Bank of Japan will raise interest rates by 25 basis points this Friday, and the historical data is shocking: since 2024, every rate hike by the Bank of Japan has been accompanied by a drop of over 20% in Bitcoin. This is no longer a prediction, but a historical script that is about to replay.
At the same time, the sudden change in the candidate for the next chair of the Federal Reserve has triggered market uncertainty. These two factors together declare: the 'last dance' of the global liquidity feast may have ended. As XRP is highly correlated with mainstream markets, it is defenseless in the face of this systemic risk.
Technical view: multi-timeframe 'strong sell' resonance, golden cross is just a retracement in a downtrend
The one-hour candlestick chart reveals a harsh reality. The price is firmly held below the key level of 1.896, and the rebound is too weak to reach the 2.0 resistance. Although the MACD shows a golden cross trend, the white line is below the zero axis, and the energy bars are significantly shrinking. This is not a reversal signal, but a typical 'downtrend continuation' pattern, indicating a more aggressive decline after the rebound.
The technical indicators are even more desperate: from 30 minutes to daily charts, all showing 'strong sell', with as many as 12 sell signals from moving averages, reflecting the overwhelming power of the bears.
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Zhao Gongming's views and strategies
Zhao Gongming is firmly bearish on XRP's future. When the 'gray rhino' of global central bank tightening rushes in, any minor struggle on the technical front will be futile. Last night's plunge was just the first wave of impact.
For holders: immediately give up all fantasies. Use any slight rebound towards the 1.89-1.896 area to decisively liquidate your positions. The core defense line at 1.82, if breached, will directly open the waterfall market.
For onlookers: any bottom-fishing behavior is strictly prohibited. When macroeconomic negatives are not fully released and the technical front collapses entirely, cash is the only safe asset. Patiently wait for the storm to pass, focus on the stabilization of prices below the 1.82 support level, and then discuss opportunities.
In a trend decline, surviving is more important than bottom-fishing. If you don't want to become a victim in this 'interest rate storm', follow Zhao Gongming, join the chat room to get real-time tracking of the precise impacts and key points of macro events like the Bank of Japan's decisions on XRP. I will stand guard for you! #巨鲸动向 #隐私叙事回归
