$XMR Recent trend is clearly weak. The price is hovering around 523 USDT, and the market cap is about 9.84 billion USDT.
Pressure mainly comes from three areas: (1) The Revolut ransomware incident has drawn regulatory attention again, and concerns about compliance for privacy coins are heating up once more; (2) Multiple exchanges have delisted or restricted trading in succession, weakening liquidity and user reach; (3) Large short positions continue to accumulate in both the on-chain and derivatives markets, leaving market sentiment cautious.
At present, the 24-hour trading volume is about 135 million USDT. If volume cannot be increased, the short term may still be dominated by weak sideways consolidation. Keep a close eye on regulatory updates, exchange developments, and changes in short positions—these factors are more likely to amplify volatility.
#门罗币 #XMR # Privacy coin
Pressure mainly comes from three areas: (1) The Revolut ransomware incident has drawn regulatory attention again, and concerns about compliance for privacy coins are heating up once more; (2) Multiple exchanges have delisted or restricted trading in succession, weakening liquidity and user reach; (3) Large short positions continue to accumulate in both the on-chain and derivatives markets, leaving market sentiment cautious.
At present, the 24-hour trading volume is about 135 million USDT. If volume cannot be increased, the short term may still be dominated by weak sideways consolidation. Keep a close eye on regulatory updates, exchange developments, and changes in short positions—these factors are more likely to amplify volatility.
#门罗币 #XMR # Privacy coin