According to Reetika (@ReetikaTrades), for Bitcoin's market to trend in the short term, it is crucial for the purple box and the 4-hour trend to hold. On a higher time frame, Bitcoin touched the weekly trend, showing a positive reaction without breaking the range. This indicates potential short-term stability and resilience in the market as long as these key levels are maintained.

According to Liquidity Doctor, the $XRP long position challenge is progressing well, with expectations of a continued green trend over the next four hours, suggesting traders maintain their positions.