. We'll translate the heading: "Kutukan pertengahan penggal Ogos" or "Kutukan Ogos pada tahun pilihan raya pertengahan". I'll use "Kutukan Ogos pada tahun pilihan raya pertengahan" but it's long. Maybe "Kutukan Ogos pada tahun pertengahan penggal" - but "midterm" is "pertengahan penggal". Actually "midterm election" is "pilihan raya pertengahan penggal". So "Kutukan Ogos pada pilihan raya pertengahan penggal" but that's not exactly. Let's simplify: "Kutukan Ogos pada tahun pilihan raya pertengahan" - but "midterm" is often "pertengahan penggal". I'll use "Kutukan Ogos pada tahun pilihan raya pertengahan" but it's a bit awkward. Alternatively "Kutukan pertengahan penggal Ogos" - that's fine. I'll go with "Kutukan pertengahan penggal Ogos".
Then the paragraph: "ChartNerd, an analyst active on X, wrote that XRP was "already bleeding" after the news. Historical data backs that up: XRP posted negative August returns in every U.S. midterm year — -5.7% in 2014, -23.0% in 2018, and -13.7% in 2022, averaging a drop of about 14%. ChartNerd noted "Weak hands are selling today" and that Bitcoin and Ethereum hadn't seen similar selling, warning XRP could face more downside before conditions improve. The current weakness, they argued, fits the historical pattern and doesn't represent any new development."
Translation: "ChartNerd, seorang penganalisis yang aktif di X, menulis bahawa XRP "sudah berdarah" selepas berita itu. Data sejarah menyokong perkara itu: XRP mencatatkan pulangan negatif pada bulan Ogos dalam setiap tahun pilihan raya pertengahan AS — -5.7% pada 2014, -23.0% pada 2018, dan -13.7% pada 2022, dengan purata penurunan kira-kira 14%. ChartNerd menyatakan "Tangan lemah menjual hari ini" dan bahawa Bitcoin dan Ethereum tidak mengalami penjualan yang serupa, memberi amaran bahawa XRP mungkin menghadapi lebih banyak penurunan sebelum keadaan bertambah baik. Kelemahan semasa, kata mereka, sesuai dengan corak sejarah dan tidak mewakili sebarang perkembangan baharu."
We need to keep "X" as is (Twitter's new name). "bleeding" -> "berdarah" (figurative). "Weak hands" -> "Tangan lemah" (common in crypto). "downside" -> "penurunan" or "risiko penurunan". I'll use "penurunan".
Next: "ChartNerd's bigger picture" heading: "Gambaran lebih besar ChartNerd" or "Gambaran keseluruhan ChartNerd". I'll use "Gambaran lebih besar ChartNerd".
Paragraph: "Despite the near-term gloom, ChartNerd sees a larger structure: a cup-and-handle formation stretching back more than eight years, with possible long-term targets at $8, $13, and $27. That optimism comes with a caveat, though — they acknowledged XRP could spend much of the rest of the year consolidating around the $1 level before any sustained recovery."
Translation: "Walaupun terdapat kemurungan jangka pendek, ChartNerd melihat struktur yang lebih besar: pembentukan cawan dan pemegang yang menjangkau lebih daripada lapan tahun, dengan sasaran jangka panjang yang mungkin pada $8, $13, dan $27. Keyakinan itu datang dengan amaran, walaupun — mereka mengakui bahawa XRP mungkin menghabiskan banyak masa pada baki tahun ini untuk menyatukan sekitar paras $1 sebelum sebarang pemulihan yang berterusan."
We need to translate "cup-and-handle" as "cawan dan pemegang" (common technical analysis term). "consolidating" -> "menyatukan" or "mengukuhkan" but in trading context, "consolidating" is "mengukuhkan" or "berkonsolidasi". I'll use "berkonsolidasi" but that's a loanword. Better "menyatu" or "berada dalam julat". Actually "consolidating around" means "berkonsolidasi di sekitar" - I'll use "berkonsolidasi" as it's understood in Malay finance. Or "berada dalam julat" but let's use "berkonsolidasi" for accuracy.
Next: "Waiting on the SEC" heading: "Menunggu SEC" or "Menunggu tindakan SEC". I'll use "Menunggu SEC".
Paragraph: "Hougan also noted that regulatory action from the SEC could still provide guidance even if the legislation is delayed. Meanwhile, CoinGecko data showed XRP trading at around $1.02, down 3.0% in 24