加密市场再次处于动荡状态，这一次，XRP是这一切的中心。

数字资产曾经以看涨的情绪高涨，跌至2.14美元，标志着每日下降5.51％。

The crypto market is once again in turmoil, and this time, XRP is at the center of it all. The digital asset has seen a significant downturn, falling to $2.14 with a 5.51% daily decline.

加密市场再次处于动荡状态，这一次，XRP是这一切的中心。数字资产的下降幅度很大，下降到2.14美元，每天下降5.51％。

This marks a troubling development, especially considering that XRP had been showing signs of bullish momentum. With the Ripple vs. SEC lawsuit nearing its long-anticipated conclusion and rumors of potential XRP ETFs gaining momentum, many anticipated a rally for the token.

这标志着令人不安的发展，尤其是考虑到XRP表现出了看涨势头的迹象。随着Ripple vs.SEC诉讼接近其长期以来的结论，以及有关潜在XRP ETF的谣言，许多人预计令牌的集会。

However, macroeconomic factors like Trump’s tariff threats and lackluster whale activity have kept XRP's gains in check.

然而，诸如特朗普的关税威胁和乏味的鲸鱼活动之类的宏观经济因素使XRP的收益保持了控制。

This downturn was further fueled by a substantial liquidation event, where $5.9 million in long positions on XRP were liquidated in the past 24 hours.

一场大量清算事件进一步推动了这种低迷，在过去的24小时内，在XRP上长达590万美元。

Price Breakdown:

价格分解：

Technically speaking, XRP has now breached its crucial 50 EMA support at $2.37 and another key level at $2.31. This is a significant breakdown, suggesting that further downside pressure may be imminent.

从技术上讲，XRP现在违反了至关重要的50 EMA支持，价格为2.37美元，另一个关键水平为2.31美元。这是一个重大的分解，表明可能会进一步的下行压力。

If the bears manage to push below the 200 EMA at $2.1 and the 0.382 Fib at $2.04, then the next major support level to watch out for is the 0.236 Fib at $1.9.

如果熊队设法以2.1美元的价格推高200 EMA，而0.382 FIB的价格为2.04美元，那么要注意的下一个主要支持水平是0.236 FIB，为1.9美元。

On the other hand, if the bulls can manage to defend the 50 EMA and regain the levels above $2.31, then we may see a move towards the 0.5 Fib at $2.56.

另一方面，如果公牛能够捍卫50个EMA并恢复高于2.31美元的水平，那么我们可能会看到朝着0.5 fib迈向2.56美元。

Liquidations are piling up and the broader market looks shaky. All eyes are now on XRP as it stands at a make-or-break situation.

清算正在堆积，更广泛的市场看起来不稳定。现在，所有目光都注视着XRP，因为它处于一种或破坏的情况下。

The Bigger Picture:

更大的局面：

Beyond price action, several fundamental factors are shaping XRP’s trajectory. The pending conclusion of the Ripple vs. SEC lawsuit is expected to bring much-needed regulatory clarity, a factor that could fuel institutional interest in the cryptocurrency market.

除了价格行动之外，几个基本因素是塑造XRP的轨迹。连续剧与SEC诉讼的即将到来的结论预计将带来急需的监管清晰度，这一因素可能会在加密货币市场上加剧机构的兴趣。

Moreover, former SEC Commissioner Paul Atkins has called for a more supportive framework for cryptocurrencies, fueling speculation about an XRP ETF in the near future.

此外，前SEC专员保罗·阿特金斯（Paul Atkins）呼吁为加密货币建立一个更支持的框架，这加剧了人们对XRP ETF的猜测。

However, for now, XRP remains at the mercy of broader market trends. Macroeconomic uncertainty, geopolitical tensions, and regulatory developments will all play a role in determining whether XRP sinks further or stages a comeback.

但是，目前，XRP仍然受到更广泛的市场趋势的摆布。宏观经济的不确定性，地缘政治紧张局势和监管发展都将在确定XRP是否进一步沉没或卷土重来中发挥作用。