XRP的筹资率下降到负0.012％，这是该资产交易接近0.33美元的最后一个水平

流行的加密分析师CryptoInsightuk在一条推文中指出了这种相似之处，并指出交易者显得犹豫，开放兴趣仍然很低。

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

XRP的筹资率已下降到负0.012％，这是该资产交易接近0.33美元的最后一个水平。

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.

尽管有这种指标，通常与看跌压力有关，但XRP目前仍占2.10美元的支持水平。此外，交易者似乎犹豫不决，开放兴趣（OI）保持较低和低量。

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

如果看涨的势头建立，它可能会短暂地挤压并推动下一个价格上涨。

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.

流行的加密分析师CryptoInsightuk在一条推文中指出了这种相似之处，强调了交易者显得犹豫，而OI仍然很低。如果看涨的势头建立，它可能会短暂地挤压并推动下一个价格上涨。

What Do Funding Rates, OI, and Volume Indicate?

资金率，OI和数量表明什么？

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分享了一张图表，表明XRP的资金率处于历史性低点。资金率表明在永久期货合约中担任杠杆头寸所需的成本。负利率表明，由于短裤向渴望支付费用，因此短职位（赌注下降）占上风。

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.

从图表中，XRP OI的硬币接近5.91亿枚硬币（价值约11.8亿美元），这是相对较低的数字，与强劲趋势期间的过去峰相比。这种低OI表示，许多交易者在投入大量资本之前在等待更明显的市场方向。

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.

现货市场量保持较低，每天约为1.07亿个硬币，表明参与者的谨慎。 XRP的价格在过去一周中下跌了14.5％，这反映了这一更大的压力。

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

衍生品数据显示混合信号：期货冷静，选择加热？

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的最新数据表明，XRP的衍生品市场的数量下降了17.62％，至71.2亿美元，开放兴趣下降了3.67％，至35.6亿美元。

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，期权量飙升了120.23％，达到7,500美元，而期权开放兴趣增加了146.96％，达到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.

这些数字强调了永久未来活动中活动下降的混合，但对期权的兴趣日益增加，这表明交易者正在定位潜在的波动性。

Could Negative Funding Rates Fuel an XRP Short Squeeze?

负资金率可以助长XRP短暂挤压吗？

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.

潜在的短挤压仍然是一个关键情况。如果XRP体验向上势头，那么头寸短的交易者可能会被迫以更高的价格回购，从而加速了突破。这种模式从历史上导致加密市场的价格急剧上涨。

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.

更广泛的市场情绪仍然是XRP的关键因素。它的价格变动可能会在很大程度上取决于整体加密市场方向，尤其是比特币的性能。

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.

比特币早些时候降至81,000美元，这些销售在包括XRP在内的许多Altcoins中触发了相关的下降。此举使XRP危险地接近失去2美元的心理支持水平。