#加密货币市场动态 Recently, this wave of market has shown some improvement, but to be honest, the short-term rebound is still not enough to make up for the losses of the past few weeks. The market is experiencing intense tug-of-war between bulls and bears, and the performance differences among several mainstream tokens are becoming more and more apparent.

XRP has become a highlight in this round. It directly pumped 13% in a single day, precisely rebounding from the bottom of the descending channel, and the on-chain payment transaction volume suddenly exploded, breaking the previous situation of low network usage. Although it is still being pressed by a few key moving averages on the technical side, as long as the payment data can stabilize, there is still a chance to hit the price range of $2.40 to $2.55. Currently, it is one of the few viable targets in the market.

$ETH The situation here is not too good - the 50-day moving average has already fallen below the 100-day moving average, forming what is known as a "mini death cross." The price is being firmly pressed down by a bunch of downward moving averages, and each rebound lacks strength, with the medium-term trend continuing to deteriorate. We need to be careful about the support level below; if it cannot hold, there may be further room for decline.

$SHIB has indeed shown some interesting signals. A trillion-level trading volume suddenly emerged near the support level, and the RSI indicator has also climbed up from a low position. Judging from the market characteristics, this seems more like large funds quietly accumulating at low levels. Although we cannot yet confirm a complete trend reversal, the short-term selling pressure has significantly eased. Next, we should focus on whether the trading volume can be sustained and if it can break through those key resistance levels above.