I noticed an interesting pattern over the weekend. Major cryptocurrencies rebounded quite sharply after the market digested geopolitical news. Bitcoin rose about 5% to above 66,000 after falling below 64,000, and Solana, Ether, and other major tokens showed an even stronger increase. Solana surged by 10% to $86, Ether returned to around $2,000, Cardano gained 6.7%, and XRP increased by 5.6%. All of this happened in the context of traders perceiving the development of events as a signal for a possible quick end to the conflict. Low liquidity over the weekend worked both ways — initially down, then up. But what is concerning: over the week, the picture is quite different. Major assets show mixed results — Bitcoin is down 1.6% over seven days, XRP fell by 2%, but Solana and Ether managed to stay in positive territory. The Sunday rebound looks convincing on the hourly chart, but it could simply be a bounce on low liquidity. The real test will begin when traditional markets open — stocks, oil, bonds. If oil prices spike sharply or indices open with a decline, all this optimism could disappear just as quickly as it appeared.

I noticed an interesting situation with XRP. Currently, the coin is trading around $1.33, and an unusual accumulation of open positions has formed in the derivatives market. At the $1.40 level, approximately $14.6 million in open interest is concentrated in options — this is nearly a quarter of all XRP options on the platform. This is a quite rare phenomenon. When such a volume accumulates at a single strike price, it usually indicates that the price is beginning to experience serious pressure toward that level. Expiration is the moment when contracts are settled, and just before that, such a price movement often occurs — traders call this "pinning." The majority of options expire on March 27, so in the days leading up to expiration, the $1.40 level could become critical. If the price breaks above $1.40, most put options will become worthless. If it falls below, hedging trades will activate, increasing selling pressure. In any case, this level should be kept in focus. Expiration is not just the date when a contract ends, but a potential trigger for a serious price movement.

#IsraelStrikesIranBTCPlunges XRP drops to $1.33 amid Bitcoin weakness dragging down major cryptocurrencies A sudden sell-off triggered a liquidation move, while a weak rebound reinforced the bearish structure despite compressed volatility. XRP experienced a sharp intraday decline from approximately $1.36 to $1.33 on high trading volume, signaling aggressive selling rather than low-liquidity movement. The price drop pushed it below the $1.35 level, which has now turned into resistance along with the zone from $1.40 to $1.41, repeatedly limiting rebounds. Weak continuation of the rebound and decreased trading volume indicate that sellers are maintaining control, leaving XRP in a broader downtrend with increased risk of further decline if the $1.33 level is broken.