Currently, XRP's market value is higher than Binance Coin and Solana. I underestimated it when I first saw it at 1.8. At such a high position, many people like to short it, but I actually prefer this dragon coin. This kind of monster coin tends to rise more as more people short it. Instead of shorting, I might as well go long with a stop-loss, which is definitely a better cost-performance ratio than shorting.
Bitcoin hasn't reached 100,000 yet. I am still quite firm on it reaching 100,000. It's only a few thousand points away from a catalyst. Recently, my positions have mostly been long; in a bull market, don't short, brothers. The long-term stable range oscillation has made most shorters suffer. In the current market state, it's better to avoid shorting; the risk of eating such small pullbacks is quite high. Just focus on the big direction being long. If Bitcoin goes to 100,000, then how much can XRP reach?
This morning's surge in XRP has made many people fuel for the fire, just wait and see.
My gut tells me 2.3 is definitely not the end; there's no need to look at any data. If I'm still holding spot, there might be surprises. No matter what coin it is, I always go long during pullbacks, holding onto the firm belief that Bitcoin will reach 100,000. For someone like me who is a retail investor, going with the trend is what I should do; going against the trend carries too much risk.