The retest of Bitcoin's Golden Cross is boosting expectations of a bull market, forming positive sentiment across the broader altcoin space. The market crash is primarily attributed to excessive leverage, with analysts assessing its long-term impact on fundamentals as limited. The passage of the GAIN Act could strengthen domestic collaboration between AI and blockchain, potentially fostering the development of the XRP Ledger. The overall market bias is neutral to slightly bullish.

Fundamental Analysis * Bitcoin Retests Golden Cross, Hinting at Bull Market Potential Based on Past Patterns According to Mister Crypto, Bitcoin is retesting a bullish technical pattern known as the "Golden Cross," which has historically preceded parabolic rallies. If this pattern, which led to gains of 2,200% in 2017 and 1,190% in 2020, proves effective again, Bitcoin's price, currently trading near $110,000, could potentially trigger another surge (parabolic move). This could translate into positive sentiment for the broader altcoin market, including XRP, potentially encouraging capital inflows. * Market Crash: Traders Blame Trump Tariffs, Analysts Point to 'Deeper Factors' Analysts from Santiment and The Kobeissi Letter, while acknowledging that traders attribute Friday's significant crypto market downturn primarily to US President Donald Trump's announcement of 100% tariffs on China, analyze that the underlying cause lies in more fundamental market structure issues, such as excessive leverage and tight liquidity. This crash is considered to be driven by short-term factors, not indicating a deterioration of long-term fundamentals. XRP, too, will be tested for its resilience against this short-term shock and its robustness against underlying fundamental factors. * Bitcoin Targets $114,000 Liquidity Before Weekly Close Amid Reversal Expectations According to market analysis, Bitcoin is targeting liquidity around $114,000 leading up to the weekly close, and traders are betting on a price reversal in the coming week. Despite $19 billion in liquidations, the bullish trend for Bitcoin is expected to hold. Approaching this price level suggests a recovery in market liquidity and trader sentiment, potentially resuming capital flow into altcoins like XRP. * BNB Hits New All-Time High; Market Recognizes 'Most Undervalued Blue Chip' The CEO of CEA Industries stated that BNB's new all-time high above $1,300 reflects the network's reliability and recognizes it as "the most undervalued blue chip in the market." This valuation suggests that its fundamentals, long overlooked, are beginning to be recognized by the market. BNB's strength indicates growing confidence in platforms beyond Ethereum, potentially increasing interest in other platform coins like XRP. * 100K BTC Whale on Hyperliquid Linked to Former BitForex CEO On-chain investigations have linked a whale managing over 100,000 BTC on Hyperliquid to Garrett Jin, the former CEO of the exchange BitForex, which was involved in a fraud scandal. This raises concerns about transparency in the crypto market and the behavior of large holders (whales). Such associations may heighten market vigilance against illicit activities, potentially leading to increased scrutiny from regulators and investors. The importance of transparency will likely be reaffirmed for XRP holders and transactions as well. * Crypto Industry Passes GAIN Act Prioritizing Domestic AI and HPC Chip Sales The US Senate has passed the "GAIN Act," which mandates AI and HPC chip manufacturers to prioritize domestic customer orders before exporting overseas. This legislation aims to foster domestic AI technology development and the semiconductor industry. As the convergence of blockchain technology and AI progresses, this could impact the supply of related hardware and projects utilizing them. It may offer domestic advantages for blockchain-based technology development, such as the XRP Ledger, and for AI-driven service offerings. * Crypto Market Crash Driven by Leverage and Tight Liquidity; Long-Term Impact Seen as Limited Friday's crypto market crash is attributed to excessive leverage and tight liquidity, issues that cannot be explained solely by President Trump's tariff announcement. Among market participants, the view is strengthening that this crash represents a temporary correction due to short-term factors, rather than the beginning of a long-term bear market. Altcoins, including XRP, may recover from this short-term shock and are expected to rejoin the upward trend once market stabilization progresses. * Zcash Recovers to Near All-Time Highs Following Market Turmoil Zcash (ZEC), a privacy-focused Layer 1 coin, has shown rapid recovery after Friday's market plunge, approaching its previous all-time highs. This signals a recovery in overall market sentiment and demonstrates the resilience of coins with specific use cases, like Zcash, in bouncing back from market turmoil. XRP, with its unique technology and community, may exhibit similar resilience. Overall Summary Although the market experienced a significant downturn on Friday, analysts attribute the primary cause to excessive leverage and tight liquidity, viewing the long-term impact on fundamentals as limited. Bitcoin is retesting bullish technical patterns, and the overall market is showing signs of recovery. XRP is expected to be influenced by these broader market trends, particularly Bitcoin's movements and the potential technological advancements spurred by AI-related legislation.

The market crash was driven by excessive leverage, and the risk of temporary price declines remains. The connection between Hyperliquid whales and the former CEO of BitForex suggests the need to monitor the activities of major holders. The key support level is around the recent low of $2. Deteriorating market sentiment or regulatory news could serve as downside factors.

In the next 24-48 hours, XRP is expected to see a modest increase, contingent on Bitcoin's strength. Over the medium term (1 week), Bitcoin's ability to reach its $114,000 liquidity target will be key, as renewed inflows into altcoins could potentially boost XRP's price. Key catalysts to monitor include Bitcoin's weekly close, domestic developments related to the GAIN Act, and momentum in altcoins such as BNB.

Overall, the XRP market is exhibiting signs of recovery following Friday's sharp decline, with analysts pinpointing over-leveraging as the primary short-term catalyst. Bitcoin's potential retest of the Golden Cross, a historically bullish pattern, could inject positive sentiment across the broader market, potentially encouraging capital inflows into altcoins like XRP. Additionally, the passage of the GAIN Act in the U.S., aimed at strengthening domestic synergy between AI and blockchain technologies, holds the potential to foster the further development and application of underlying technologies such as the XRP Ledger. Synthesizing these fundamentals with technical signals, including a bullish crossover on the MACD, suggests a neutral-to-bullish bias for XRP. Our recommended action plan involves seeking buying opportunities on dips, contingent on the market navigating its short-term correction and Bitcoin sustaining its key liquidity level around $114,000. Specifically, consider cautious entries if XRP experiences temporary pullbacks to the $2.50-$2.80 range. Target short-term take-profit levels at $3.50 and medium-term objectives at $4.00. Strict risk management is paramount; implement stop-loss orders either below a decisive break of the $2.00 psychological support or 10% below the entry price. The primary watchpoint this week remains whether Bitcoin can achieve a decisive weekly close and hold the $114,000 level. XRP is likely to correlate with Bitcoin's trend and could attempt a breakout targeting $3.50. While remaining cautious of market volatility, focusing on positive developments like the AI-related legislation and the general resilience of altcoins will enable strategic positioning to capture opportunities in this environment.