Ripple has been struggling around the $2.10 level recently, testing a key support. Institutional spot ETF funds continue to flow in, but retail enthusiasm is clearly lacking, making this upward push somewhat difficult. From the futures market perspective, open interest has dropped from the weekly high to $4.15 billion, indicating that traders' enthusiasm is indeed cooling down. Technically, the 100-day moving average is forming resistance around $2.22. If market sentiment does not pick up, the $1.77 support below may not hold. The key now is whether institutions will continue to increase their positions or when retail demand can be reactivated.