I looked at the chart shared by Egrag Crypto on XRP, and it's interesting — there's a classic bearish crossover between the 21 and 50-period moving averages on the weekly. Egrag Crypto points out a pattern that has already repeated: before each major rebound, XRP first makes a final sweep lower. This time, it could play out between $0.91 and $0.85 before moving back up. The thing to watch: if XRP closes above $1.80 on the weekly, that invalidates it. Above $2.00, it's outright bullish. For now, we're at $1.33, so we're not out of the woods yet. But here's what interests me about Egrag Crypto — he's not just talking about the short term. The giant symmetrical triangle forming over the years projects $8.50 if it breaks. So yes, there could be volatility this week, but the macro structure remains very solid. It's a good reminder that temporary dips don't change the long-term scenario.

Just caught Egrag's latest XRP analysis and it's worth paying attention to. He's mapping out this macro ascending triangle that's been forming over years, not just days. The key thing here is that Egrag sees a breakout that already happened, and we're basically in a retest phase right now. That pullback everyone's freaking out about? He's calling it confirmation, not weakness. What caught my eye are the Fibonacci targets he's laying out: $8, $17, and $27. These aren't random numbers - they're derived from the actual structure he's tracking. The multi-year trendline is still holding, which apparently matters a lot for keeping the bullish case alive. Egrag's pointing out two plays here: either jump in early if you're confident in the macro structure, or wait for a deeper retest if you want more confirmation. Depends on your risk tolerance really. Current XRP price is hovering around $1.33, so there's definitely room to the upside if this structure plays out. The way he frames it, the pattern is still valid as long as we stay above that trendline. Could be an interesting setup to watch unfold.

#Gate广场四月发帖挑战 How many of the once-mainstream coins are left? Bitcoin has maintained the top spot in the crypto market cap for eight consecutive years, while only half of the top ten mainstream coins in 2018 remain on the list today. A chart comparing market caps over eight years ruthlessly reveals the survival rule of the crypto market: true value is anchored in long-term consensus, and hype narratives will eventually zero out. After the big waves, which assets have survived the cycle? How many of the once-mainstream coins are still around? Looking back at the top ten tokens by market cap in 2018, only BTC, ETH, XRP, TRX, and ADA remain, accounting for half. Bitcoin has ranked first for eight consecutive years, holding the top spot in market cap from 2018 to 2026. As of early April 2026, Bitcoin’s price has rebounded above $70k, with a total market cap of about $1.34 trillion, accounting for over 55% of the total crypto market cap. Despite multiple bear markets and regulatory crackdowns by major global economies, the industry ranking has never changed. Ethereum remains firmly in second place, maintaining its dominance as the smart contract platform. Even with numerous new competitors chasing, none have surpassed it, with a current market cap of approximately $250–260 billion. XRP’s market cap is about $70 billion, slightly down from its peak in 2025. ADA and TRX currently have market caps of about $9.13 billion and $30.1 billion, respectively. The former relies on academic-driven ecosystem development, while the latter depends on USDT stablecoin settlement network to build a strong fundamental support. 【The Stars That Fell Out of the Mainstream Yesterday】 BCH, EOS, LTC, XLM, MIOTA have all exited the scene. Among the top 15 by market cap in 2018, half have completely fallen out of the top 20 by 2026. This includes EOS, which once raised $4 billion, as well as Dash, NEO, Qtum, Bitcoin Gold, Nano, and other projects that have now disappeared. 【Emerging New Forces】 USDT and USDC, the two major stablecoins, have entered the top ten. As of early April, their market caps reached $184.07 billion and $77.5 billion, respectively, accounting for nearly 85% of the total stablecoin market cap, driven by continuous institutional capital inflows. SOL and BNB have upgraded to core infrastructure roles. SOL’s market cap is about $47.9 billion, and BNB’s is around $84 billion. Both are positioned as high-performance public chains, securing advantageous positions in mid- to long-term ecosystem competition. DOGE, with a market cap of about $14.2 billion, is the only Meme coin in the top ten, validating the community consensus as a unique survival value in the crypto market. 【Why Has Bitcoin Maintained the Top Spot for 8 Years?】 First, decentralized underlying value consensus. As the original cryptocurrency, Bitcoin has no project team or unlock selling pressure, serving as the industry’s pricing benchmark and safe haven asset. Second, the ongoing deepening institutional trend. After the approval of Bitcoin spot ETFs, traditional capital channels opened. A large amount of long-term allocation funds have flowed in. As of early April 2026, the total net assets of US-based spot Bitcoin ETFs exceeded $90 billion, about 6.46% of Bitcoin’s total market cap, with a cumulative net inflow of approximately $56.4 billion. Among them, the BlackRock-managed IBIT fund alone manages about $52 billion, holding approximately 782k BTC, nearly 45% of all spot Bitcoin ETF assets. We believe institutional capital is reshaping Bitcoin’s pricing system and market structure through regulated ETF channels. The stable 55.27% market cap share of Bitcoin is one reason it has maintained the top spot for eight years. Third, narrative iteration continues. From “digital gold” to “on-chain government bonds,” Bitcoin is occupying a core position in the global asset allocation framework. 【Summary】 Whether it’s Bitcoin’s eight-year reign at the top, Solana’s rise from obscurity to the top five by market cap, or the fall of star projects like EOS, all point to the same conclusion: the淘汰 in the crypto market is more brutal than imagined. When choosing long-term investment tokens, it is recommended to focus on three dimensions: first, the project’s technical foundation and practical application; second, the sustainability of the token economic model; third, the team’s execution ability and governance transparency. Bitcoin’s eight-year dominance provides an important reference framework: when the tide recedes, only true value can stand firm.