XRP的籌資率下降到負0.012％，這是該資產交易接近0.33美元的最後一個水平

流行的加密分析師CryptoInsightuk在一條推文中指出了這種相似之處，並指出交易者顯得猶豫，開放興趣仍然很低。

XRP’s funding rate has dropped to negative 0.012%, a level last seen when the asset traded near $0.33.

XRP的籌資率已下降到負0.012％，這是該資產交易接近0.33美元的最後一個水平。

Despite this indicator, often associated with bearish pressure, XRP currently holds above the key $2.10 support level. Moreover, traders appear hesitant, with open interest (OI) remaining low and volume low.

儘管有這種指標，通常與看跌壓力有關，但XRP目前仍佔2.10美元的支持水平。此外，交易者似乎猶豫不決，開放興趣（OI）保持較低和低量。

If bullish momentum builds, it could short squeeze and drive the next price surge.

如果看漲的勢頭建立，它可能會短暫地擠壓並推動下一個價格上漲。

Popular crypto analyst CryptoinsightUK pointed out this similarity in a tweet, highlighting that traders appear hesitant, with OI remaining low. If bullish momentum builds, it could short squeeze and drive the next price surge.

流行的加密分析師CryptoInsightuk在一條推文中指出了這種相似之處，強調了交易者顯得猶豫，而OI仍然很低。如果看漲的勢頭建立，它可能會短暫地擠壓並推動下一個價格上漲。

What Do Funding Rates, OI, and Volume Indicate?

資金率，OI和數量表明什麼？

CryptoinsightUK shared a chart showcasing that XRP’s funding rate is at historic lows. Funding rates indicate the cost required to hold leveraged positions in perpetual futures contracts. Negative rates suggest that short positions (bets on price decline) prevail, as shorts pay a fee to longs.

CryptoInsightuk分享了一張圖表，表明XRP的資金率處於歷史性低點。資金率表明在永久期貨合約中擔任槓桿頭寸所需的成本。負利率表明，由於短褲向渴望支付費用，因此短職位（賭注下降）佔上風。

From the chart, XRP OI stands near 591 million coins (worth approximately $1.18 billion), a relatively low figure compared to past peaks during strong trends. This low OI signals that many traders await a clearer market direction before committing substantial capital.

從圖表中，XRP OI的硬幣接近5.91億枚硬幣（價值約11.8億美元），這是相對較低的數字，與強勁趨勢期間的過去峰相比。這種低OI表示，許多交易者在投入大量資本之前在等待更明顯的市場方向。

Spot market volume remains low, recorded at around 107 million coins daily, indicating caution among participants. XRP’s price has dropped 14.5% over the past week, reflecting this broader pressure.

現貨市場量保持較低，每天約為1.07億個硬幣，表明參與者的謹慎。 XRP的價格在過去一周中下跌了14.5％，這反映了這一更大的壓力。

Derivatives Data Shows Mixed Signals: Futures Cool, Options Heat Up?

衍生品數據顯示混合信號：期貨冷靜，選擇加熱？

The latest data from Coinglass shows that XRP’s derivatives market has seen its volume decline by 17.62% to $7.12 billion and open interest dropping by 3.67% to $3.56 billion.

Coinglass的最新數據表明，XRP的衍生品市場的數量下降了17.62％，至71.2億美元，開放興趣下降了3.67％，至35.6億美元。

However, options volume has surged by 120.23%, reaching $7,500, and options open interest has increased by 146.96%, hitting $983,490.

但是，期權量飆升了120.23％，達到7,500美元，而期權開放興趣增加了146.96％，達到983,490美元。

These figures highlight a mix of declining activity in perpetual futures but growing interest in options, suggesting that traders are positioning for potential volatility.

這些數字強調了永久未來活動中活動下降的混合，但對期權的興趣日益增加，這表明交易者正在定位潛在的波動性。

Could Negative Funding Rates Fuel an XRP Short Squeeze?

負資金率可以助長XRP短暫擠壓嗎？

A potential short squeeze remains a key scenario. If XRP experiences upward momentum, traders with short positions may be forced to buy back at higher prices, accelerating a breakout. This pattern has historically led to sharp price increases in the crypto market.

潛在的短擠壓仍然是一個關鍵情況。如果XRP體驗向上勢頭，那麼頭寸短的交易者可能會被迫以更高的價格回購，從而加速了突破。這種模式從歷史上導致加密市場的價格急劇上漲。

Broader market sentiment remains a critical factor for XRP. Its price movement will likely depend significantly on overall crypto market direction and particularly Bitcoin’s performance.

更廣泛的市場情緒仍然是XRP的關鍵因素。它的價格變動可能會在很大程度上取決於整體加密市場方向，尤其是比特幣的性能。

Bitcoin had earlier dipped to $81,000 that triggered related drops in many altcoins, including XRP. This move pushed XRP dangerously close to losing the key $2 psychological support level.

比特幣早些時候降至81,000美元，這些銷售在包括XRP在內的許多Altcoins中觸發了相關的下降。此舉使XRP危險地接近失去2美元的心理支持水平。