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The price of Bitcoin is testing a key resistance level at $106,455 on Tuesday, and a decisive close above this level could pave the way for further gains.


Bitcoin exchange-traded funds listed in the United States recorded moderate inflows of 1.15 million Dollar at the beginning of the week, ending a recent streak of outflows. Market sentiment is shifting to cautious optimism, with improved momentum, stabilized capital flows, and signs of a potential local bottom forming around the 100,000 Dollar area.
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#美国终止政府停摆危机 Recently came across a technical review by analyst Milkybull, who pointed out that XRP has formed a fairly standard cup and handle structure. This thing often appears during the bottom consolidation – first a U-shaped accumulation period, followed by a slight pullback to form the 'handle'. According to his calculations, if the pattern completes, it could reach $5 by the end of the year, which corresponds to more than doubling from the current price, roughly 103% potential.

This wave of expectations is not only supported by technical analysis. The U.S. Senate has just resolved the government shutdown issues, and suddenly the market's confidence in the approval of the XRP spot ETF has resumed. I checked the DTCC's official records, and there are now 11 products lined up, with issuers including old players like 21Shares, ProShares, and Franklin Templeton. Some analysts believe that after the government restarts, there may be a wave of small filing surges.

On-chain data is also speaking: the 90-day spot buyer accumulation indicator for $XRP has recently turned green for the first time, meaning buyer strength is beginning to dominate. The last time this indicator turned, the price increased by about 75% within a few weeks. Although history does not simply repeat itself, it at least indicates that current holders are not in a panic sell-off.

Under the backdrop of the overall recovery of the cryptocurrency market sentiment, XRP, which has both policy expectations and technical signal resonance, is indeed worth a closer look. Of course, whether it can reach 5 dollars still needs to be observed, but there is some interesting direction.
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