#MSCI未排除数字资产财库企业纳入范围 After the inflation data was released, the XRP market experienced significantly increased volatility. This round of CPI was not as aggressive as the market expected, and institutions generally anticipate the Federal Reserve to signal a rate cut in April. The dollar has weakened accordingly, and a large amount of capital has started flowing into risk assets. Ethereum has leveraged this to rally, which is a typical liquidity-driven movement.

From a technical perspective, this rally has indeed broken above the daily bullish alignment, and the 4-hour indicators also lean towards strength. The medium-term trend looks promising. However, there is a problem—prices have not yet effectively broken through the high point of the December rebound, and selling pressure above remains quite heavy. The risk of profit-taking at high levels has always been there.

In the short term, the hourly chart of XRP has already shown overbought signs. It is very likely that there will be a correction today to confirm the bottom. The key support is in the 3250-3200 range, while resistance is between 3350-3400. Until there is a confirmed volume breakout, it’s best to treat this movement as a rebound facing resistance and oscillating repeatedly.

Today’s focus is on monitoring the rhythm of the market correction, and in the evening, keep an eye on speeches by Federal Reserve officials, as short-term volatility could intensify otherwise.