📉 XRP has fallen nearly 18% since hitting a yearly high in early December, but traders are still looking for a rebound! However, highly leveraged long traders should be careful: increased Bitcoin dominance could trigger wider liquidations. 💥

Interestingly, despite the price drop, the market's interest in leveraged long XRP has not diminished, with open interest nearly doubling 2021 levels. Do you think XRP bulls can turn the tide? Feel free to share your thoughts in the comments section!