Just noticed XRP's derivatives market is going through some major changes right now. Open interest has tanked to around 902 million, which is the lowest we've seen since the start of 2024. For context, we were sitting at 2.5 to 3 billion not too long ago, so this is a pretty significant pullback. The interesting part is that this isn't happening on just one exchange either. The deleveraging is happening across the board, which tells me the leverage is actually being removed from the system rather than just shuffling around. On major platforms, open interest in XRP contracts has dropped substantially. Meanwhile, the price has stayed relatively chill compared to earlier peaks, which is kind of the opposite of what we saw in 2025 when leverage was fueling a lot of the moves. Market observers are calling this a "cleanup phase." Basically, all these speculative positions are getting unwound, which usually means less wild price swings in the short term. Historically, when open interest dries up like this, we either see a consolidation period or the market builds a new base before the next move. So where does this go? If open interest stays low and prices hold steady, we might be looking at a more balanced market structure forming. But if leverage starts coming back in alongside some real price momentum, that could signal a fresh trend is starting to take shape. Either way, the current environment feels like a reset for the XRP derivatives market.

I'm Ah Wei. Today, I won't talk about positions; let's discuss "mindset"—if you can't get past this hurdle, no matter how good your skills are, it's useless. Let's start with the three most common "toxins" in mindset: 1️⃣ Holding on to losing trades: unwilling to cut losses when in the red, thinking you can hold it back. As a result, small losses turn into big ones, and finally the account gets wiped out. 2️⃣ Impatient chasing: seeing others making profits while you're losing, getting anxious and impulsively chasing high, ending up buying at the top. 3️⃣ Frequent impulsive trades: even without signals, can't resist opening a position; if you don't trade, you feel anxious. The result is paying more in fees than making in profits. How to fix it? I give you three iron rules—just follow them: 1️⃣ Set your stop-loss before opening a trade. Exit when it hits; no "wait a bit." Three seconds of pain for stop-loss, three months of pain for holding. 2️⃣ Miss the market? So be it. There are plenty of opportunities in crypto; most losses come from "fear of missing out," not "misreading the market." 3️⃣ Limit yourself to three trades per day. After finishing, close the app. Controlling your trading speed helps control your mindset. Remember: skills determine how much you can earn, but mindset determines how much you can keep. It's okay to have the wrong direction, but messing up the rhythm is a problem. By 2026, focus on fixing your mindset first, then your finances. Only when you control your hands can you truly start making money. Ah Wei only does real trading, no bragging, no pie-in-the-sky promises—what I share is all real experience. There are still spots in the trading team; whether you join or not depends on yourself. #比特币矿企要闻 $BTC $SOL $XRP

- Bitcoin, Ethereum, and XRP face capital outflows amid net withdrawals from exchange-traded funds. Interest in digital asset investment products has remained volatile amid the ongoing war between the United States, Israel, and Iran, now in its second month. U.S. President Donald Trump announced a military victory on Wednesday, despite the war continuing. Meanwhile, Iran is escalating its attacks, with Gulf countries reporting new missile and drone strikes on Thursday. High-risk assets, including cryptocurrencies and stocks, are declining amid risk-averse conditions, while oil prices are rising. West Texas Intermediate (WTI) crude oil prices have risen back above $100 after hitting a daily low below $93. An escalation in the conflict could push oil prices higher, increasing macroeconomic uncertainty. WTI Crude Oil Price Chart Interest in Bitcoin ETFs fluctuated on Wednesday, with total outflows reaching nearly $174 million, ending a two-day bullish streak that saw inflows of about $69 million on Monday and nearly $118 million on Tuesday. Total inflows amounted to $55.95 billion, while net assets under management stood at $87.71 billion. Continued outflows would indicate declining sentiment, limiting Bitcoin’s recovery potential. Bitcoin ETF Flows | Source: SoSoValue Ethereum ETFs show a similar pattern, with spot ETF outflows of approximately $7 million on Wednesday. Data from SoSoValue indicates that U.S.-listed ETFs have seen a rebound, attracting about $5 million in inflows on Monday and $31 million on Tuesday. Total inflows amount to $11.55 billion, with net assets under management at $12.21 billion. Ethereum ETF Flows | Source: SoSoValue Interest in XRP ETFs has declined further, as evidenced by modest outflows of $1.32 million on Wednesday, following weak activity on Tuesday. XRP ETFs also experienced outflows of around $2.3 million on Monday, leading to a decrease in risk appetite.