ETH and BTC's short positions failed; they expected a decline but did not anticipate that it wouldn't reach the previous high, and it retreated downward midway!
The most impressive today should be XRP, which surged from 0.5 on November 4 to nearly 2.5, a fivefold increase in one month. While that might not seem much in the crypto world, today its trading volume surpassed that of BTC, and its market cap jumped to become the third largest! This is definitely a dark horse!
Long Ge is now researching whether this wave of XRP could break through 3.0 before declining. After all, this surge happened too quickly; generally, when a coin rises sharply, it can also fall sharply. However, don’t casually enter a short position; its upward trend has not yet ended. Long Ge will pay close attention to this coin in the future!