RLUSD: Summary of discussions in Orange's muted group (daily market analysis) (10:00:06 ~ 11:00:06)

1. Current Recommendation It is recommended to remain cautious and observe RLUSD, awaiting the market's reaction to Ripple's expansion of RLUSD to the Base and Optimism Layer 2 networks via the Wormhole protocol. Currently, there are no clear signs of overextended upward movement or significant pullback, making it suitable for tentative entry. Pay attention to the impact of the US non-farm payroll data at 21:30 and the Bank of Japan's expected interest rate hike on market liquidity, avoiding blindly chasing the rally. 2. Position and Risk Management Recommendations It is recommended to enter with a small position, controlling the position size. Closely monitor price fluctuations before and after the release of the non-farm payroll data and the Bank of Japan's interest rate hike on December 19th. Set strict stop-loss orders to prevent rapid declines caused by liquidity drain. Profit targets can be dynamically adjusted based on market acceptance after the Layer 2 network launch. Heavy positions or gradual additions are not advisable in the short term. 3. Suitable Trading Style This strategy is suitable for conservative short-to-medium-term investors. Based on the catalyst of Ripple's expansion of the Layer 2 ecosystem, it is recommended to focus on event-driven volatility windows, entering and exiting quickly, avoiding prolonged positions. Aggressive short-term traders may look for opportunities in short-term fluctuations before and after the non-farm payroll data release, but overall caution is advised to guard against the drag on the crypto market from macroeconomic risks.