Looking at XRP's candlestick chart, a clear underwater death cross weighs heavily on my mind. Franklin Templeton's XRP ETF holdings have already exceeded 100 million coins, and institutions hold positions worth $200 million. On one hand, positive news is being released, but on the other hand, technical indicators are still showing a downtrend. What does the market really want?

Institutional accumulation indeed indicates long-term optimism, but the effect of this reassurance is slow in the short term, and the current decline cannot be stopped. Therefore, the key still depends on technical analysis to set the rhythm—news influences sentiment, while technicals determine buy and sell points. Chasing after positive news often leads to undesirable outcomes.

Let's analyze the technicals. The 1-hour chart clearly shows that the downtrend is still ongoing. Both MACD lines are below the zero axis, indicating a weak underwater death cross signal. The resistance levels above need close attention: 1.8760 is the first hurdle, and above that, 1.9500 is a strong resistance zone. Without significant positive news, breaking through in one go is unlikely. Looking downward, 1.8250 can hold for a while, but if it breaks below, support around 1.7700 will come into play. A key detail is that recent trading volume has been shrinking, indicating weakening selling pressure, and signs of a rebound are already brewing.

The conclusion is simple: current market behavior is oscillating sideways. Buying on dips and selling on rallies is the most reliable strategy. Wait for clear signals from the technicals before taking action—it's much more dependable than blindly chasing highs.