An interesting Perspective shared by Swyftx’s lead analyst: Pav Hundal, highlights a potential risk for highly leveraged ripple positions.


If Bitcoin Dominance starts climbing again, we could see a significant rotation from altcoins like $XRP back into $BTC. This shift might trigger mass liquidations, creating what he describes as a "bloodbath" for XRP bulls.


For those riding the XRP wave, it’s a reminder to stay sharp, manage risk, and watch Bitcoin’s moves closely. Market rotations can happen fast, and being prepared is key to staying ahead.


Are You Expecting Bitcoin dominance to reclaim ground, or is XRP set to hold its momentum? 📈

#Bitcoin #Ripple #CryptoNews

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December 06, 2024 at 11:27 AM
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