XRP Spot ETF's recent performance is indeed worth paying attention to. Yesterday, the single-day net inflow reached as high as $46.1 million, with leading products like Bitwise and Franklin continuing to attract funds. The total cumulative inflow has already surpassed $1.23 billion.

What does this indicate? A key point is that large funds have not truly exited the market but are continuing to deploy during market fluctuations. Notably, the ETF's net asset ratio is only 1.17%, which means the issuance of shares is still in the expansion stage, and the potential buying power remains accumulating.

From another perspective, this is not short-term speculation but a clear signal that institutions are making long-term allocations to assets like XRP. The news sentiment remains bullish, and the capital side also provides strong support, so there's no need to be frightened by short-term fluctuations.

On the technical side, there are also interesting points. From the 4-hour chart, although there was a rebound and pullback this morning, the MACD's dual lines still remain firmly above the zero line, indicating that the bullish trend structure has not been broken. The key resistance zone is concentrated between 2.4175 and 2.47, with 2.47 being a recently formed strong resistance level. As for support below, we should pay attention to the performance after more data accumulates. Overall, although there is some correction, the foundation for the bulls remains intact.