XRP的瘋狂旅程：開放興趣，價格崩潰擔心，接下來是什麼

XRP在較高的開放興趣和價格下降的情況下面臨波動。它會崩潰還是恢復？深入研究市場趨勢和未來前景。

XRP's Wild Ride: Open Interest, Price Crash Fears, and What's Next

XRP的瘋狂旅程：開放興趣，價格崩潰擔心，接下來是什麼

XRP has seen its share of ups and downs, with recent price drops sparking concerns about a potential crash. High open interest adds fuel to the fire, leaving traders wondering what the future holds. Let's break down the key factors at play.

XRP看到了起伏的份額，最近的價格下跌引發了人們對潛在崩潰的擔憂。高開放的利息為大火增加了燃料，使交易者想知道未來的情況。讓我們分解起作用的關鍵因素。

Understanding the XRP Rollercoaster

了解XRP過山車

Recently, XRP experienced a 15% drop after hitting $3.66 on July 18. This coincided with a $2.4 billion decrease in XRP futures open interest, indicating a reduction in leveraged positions. The initial surge to $3.66 was largely fueled by leverage, but the subsequent decline has raised fears of cascading liquidations, potentially driving XRP below $2.60.

最近，XRP在7月18日達到3.66美元後經歷了15％的跌幅。這與XRP期貨開放利息下降了24億美元，這表明槓桿頭寸的減少。最初的漲幅至3.66美元主要是由槓桿率推動的，但隨後的下降使人們擔心級聯清算，可能會將XRP推向2.60美元以下。

Even with the drop in open interest, it remains significantly higher than previous levels, suggesting that caution is still warranted. As of late July, open interest was still 48% higher than a month prior, measured in XRP terms.

即使開放興趣下降，它仍然大大高於以前的水平，這表明仍有謹慎。截至7月下旬，以XRP計數衡量的開放利息仍然比一個月前高48％。

Whales, Market Makers, and the $3 Support Level

鯨魚，做市商和3美元的支持水平

Despite the volatility, monthly XRP futures have maintained a 6% to 8% premium, suggesting that market sentiment hasn't been entirely disrupted. This indicates that whales and market makers aren't showing excessive concern for the $3 support level. Even when XRP briefly exceeded $3.60, there wasn't a surge in demand for bullish leverage, reducing the immediate risk of significant liquidations.

儘管有波動性，但每月的XRP期貨仍保持6％至8％的保費，這表明市場情緒並未完全破壞。這表明鯨魚和做市商對3美元的支持水平沒有過度關注。即使XRP短暫超過3.60美元，對看漲槓桿的需求也不會增加，從而降低了嚴重清算的直接風險。

XRP Ledger: Adoption or Mirage?

XRP Ledger：收養還是幻影？

Part of the optimism surrounding XRP has stemmed from speculation about a potential spot ETF in the U.S., similar to the enthusiasm seen with Ether. However, the market has also been influenced by false claims about bank adoptions of the XRP Ledger and partnerships with SWIFT. These unfounded rumors can attract attention but lack credible evidence.

圍繞XRP的樂觀情緒的一部分源於對美國潛在斑點ETF的猜測，類似於Ether的熱情。但是，市場也受到有關銀行收養XRP分類帳以及與Swift合作的虛假主張的影響。這些毫無根據的謠言會引起人們的注意，但缺乏可靠的證據。

In reality, DeFi applications on the XRP Ledger haven't gained widespread adoption. The value of tokenized assets on the network is relatively low compared to other blockchains, and DEX activity doesn't place it among the top players.

實際上，XRP分類帳中的DEFI應用程序尚未獲得廣泛的採用。與其他區塊鏈相比，網絡上的令牌資產的價值相對較低，而DEX活動並不是將其列入頂級參與者。

A Broader Crypto Perspective

更廣泛的加密角度

While XRP's situation is unique, it's important to consider the broader crypto landscape. For example, Ethereum's open interest surged, reaching record highs and signaling a shift in speculative capital. This shows the dynamic nature of the crypto market and the potential for rapid changes in investor focus.

儘管XRP的處境是獨一無二的，但重要的是要考慮更廣泛的加密景觀。例如，以太坊的開放興趣激增，達到了創紀錄的高點，並表示投機資本的轉變。這表明了加密市場的動態性質以及投資者重點快速變化的潛力。

The Bottom Line

底線

Although XRP derivatives currently reflect neutral market conditions, traders are waiting for solid proof of sustained demand for the XRP Ledger before the price can consistently stay above $3. The market needs more than just rumors to establish long-term bullish momentum.

儘管XRP衍生品目前反映了中立的市場狀況，但交易者正在等待XRP Ledger持續需求的可靠證明，然後價格始終保持在3美元以上。市場不僅需要謠言來建立長期看漲的勢頭。

Final Thoughts

最後的想法

So, will XRP crash? Only time will tell. But for now, keep an eye on those open interest levels, separate fact from fiction, and maybe, just maybe, we'll see XRP defy the odds. After all, in the crypto world, anything is possible!

那麼，XRP會崩潰嗎？只有時間會證明。但是就目前而言，請密切關注那些開放的興趣水平，將事實與小說分開，也許，也許我們會看到XRP無視賠率。畢竟，在加密世界中，一切皆有可能！