尽管波纹赢得了SEC，但为什么XRP价格倾倒了？

在过去的4天中，XRP的价格下降了14％，这使许多投资者感到困惑为什么没有将重大法律胜利转化为价格上涨。

The price of XRP has seen a 14% decline in the past 4 days, leaving many investors confused about why a significant legal victory hasn’t translated to price gains.

在过去的4天中，XRP的价格下降了14％，这使许多投资者感到困惑为什么没有将重大法律胜利转化为价格上涨。

The analysis comes from a popular YouTube creator NCashOfficial, who has more than 201 thousand subscribers on YouTube. In his recent video “Ripple XRP Holders This Is Why XRP Isn’t PUMPING | Pay Attention,” Nick breaks down several factors contributing to XRP’s disappointing performance.

该分析来自一个受欢迎的YouTube创作者Ncashofficial，他在YouTube上拥有超过一万名订户。尼克在他最近的视频“ Ripple XRP持有人这就是为什么XRP不注意的原因”中，尼克打破了XRP令人失望的表现的几个因素。

Other Major Ripple and XRP Updates Haven’t Sparked Price Movement

其他主要的波纹和XRP更新没有引发价格变动

Despite major updates like Trump signing an executive order to modernize payments and the XRP lawsuit being settled, XRP price hasn’t pumped as many investors expected.

尽管诸如特朗普之类的重大更新签署了一项行政命令，以现代化付款以及XRP诉讼正在解决，但XRP价格并没有像许多投资者所期望的那样倾诉。

According to Nick, announcements don’t guarantee immediate price action, especially in a bearish macro environment. This disconnect between positive developments and price movement has been particularly frustrating for long-term holders who anticipated a dramatic surge following regulatory clarity.

根据尼克的说法，公告不能保证立即采取价格行动，尤其是在看跌的宏观环境中。对于预期监管性清晰后会有巨大涌现的长期持有人来说，积极发展与价格变动之间的这种脱节尤其令人沮丧。

The XRP case is officially settled as of March 25, and although this was expected to be a bullish catalyst for XRP, Nick reminds viewers that settlement isn’t an instant ticket to $10–$15 XRP. He explains that the lawsuit conclusion is part of a larger, long-term puzzle that will take time to fully materialize in terms of market value.

XRP案件截至3月25日正式解决，尽管预计这是XRP的看涨催化剂，但尼克提醒观众，定居点并不是即时的票价，即$ 10- $ 15 XRP。他解释说，诉讼结论是一个更大的长期难题的一部分，它将需要时间才能在市场价值方面充分实现。

Crypto Market Performance in Context

上下文中加密市场表现

Comparing XRP price to Bitcoin, Ethereum, BNB, ADA, Solana, and Dogecoin, Nick points out that XRP is actually performing better, yet sentiment remains negative. He challenges holders on why they expected explosive gains instantly, which may not be realistic given broader market conditions.

将XRP价格与比特币，以太坊，BNB，ADA，Solana和Dogecoin进行比较，Nick指出XRP实际上表现更好，但情绪仍然负面。他向持有者挑战了为什么他们会立即期望爆炸性增长，这在更广泛的市场状况下可能并不现实。

Nick attributes the negative price action to ongoing tariff discussions and global trade tensions, not crypto fundamentals. He notes that the market downturn began around January and worsened with announcements in late March, making the environment hostile for bullish movements regardless of project-specific developments.

尼克将负面的价格行动归因于正在进行的关税讨论和全球贸易紧张局势，而不是加密基本面。他指出，市场的衰退始于1月左右，并在3月下旬发布的公告恶化，无论项目特定的发展如何，都使环境敌对行动。

According to Nick, crypto, including XRP, is still heavily tied to traditional finance (TradFi). Until crypto decouples from the stock market, he believes economic uncertainties like tariffs will continue impacting it. This correlation means that approximately $1.7 trillion was wiped from markets in March, with only a brief addition of $1.35 trillion, illustrating the extreme volatility driven by macro events.

根据尼克的说法，包括XRP在内的加密货币仍然与传统金融（Tradfi）密切相关。在加密货币与股票市场脱离之前之前，他认为像关税这样的经济不确定性将继续影响它。这种相关性意味着3月份从市场上抹去了大约1.7万亿美元，仅简短增加了1.35万亿美元，这说明了宏观事件驱动的极端波动。

What’s Next for XRP Investors?

XRP投资者的下一步是什么？

Nick discusses ongoing speculation about April 2nd being a potentially pivotal date for tariff resolutions. He warns that market uncertainty remains high, with analysts predicting more volatility rather than relief. This timing creates additional pressure on all markets, including cryptocurrencies.

尼克讨论了关于4月2日的持续猜测是关税决议的潜在关键日期。他警告说，市场不确定性仍然很高，分析师可以预测更多的波动性而不是缓解。这个时机会对包括加密货币在内的所有市场造成额外的压力。

The analyst highlights that institutional capital is backing out while retail investors continue “buying the dip.” He explains that this divergence in investor strategy creates additional market pressure, and there’s a high risk of “catching a falling knife” if investing prematurely before a true bottom forms.

分析师强调，当零售投资者继续“购买蘸酱”时，机构资本正在支持。他解释说，投资者战略中的这种差异会造成额外的市场压力，如果在真实的底部形式之前过早地投资，则存在“抓刀下降”的高风险。

For those wondering what action to take, Nick advises patience. He recommends waiting for a market floor to form before investing additional capital. Nick prefers entering a trend later with confirmation rather than trying to guess bottoms in uncertain conditions.

对于那些想知道要采取什么行动的人，尼克建议耐心。他建议在投资额外资本之前等待市场层形成。尼克更喜欢以后进入趋势，而不是试图在不确定条件下猜测底部。

The numbers tell a compelling story: XRP dropped to 23.7 cents after only a minor pump following the lawsuit settlement, underscoring what Nick describes as the non-correlation between legal wins and immediate price hikes. Meanwhile, approximately $6 billion has been pulled from US equity funds, showing a lack of global confidence in the current economic direction, which Nick explains heavily affects crypto markets as well.

这些数字讲述了一个引人入胜的故事：XRP在诉讼解决后仅次要泵后降至23.7美分，强调了尼克所说的法律胜利与立即价格上涨之间的不相关。同时，已经从美国股票基金中撤出了大约60亿美元，表明对当前的经济方向缺乏全球信心，这也对加密货币市场也有很大的影响。