$XMR recent trend is weak, with the price repeatedly coming under pressure around $523.08. On the surface, it looks like short-term capital is withdrawing, but beneath the surface it’s actually a convergence of three bearish catalysts: the Revolut ransomware incident has sparked concerns over privacy-coin regulation; multiple exchanges have since delisted, weakening spot liquidity and user reach. Meanwhile, large-scale short positions are still being built up, and the market is more inclined to use rebounds to open short positions.
For Monero, technical weakness is only a result—the real source of medium-term pressure is regulation and trading channels. If trading volume cannot be meaningfully boosted, the price may continue to trade weakly, with the possibility of probing lower further. Chasing shorts requires caution against a potential reversal in the news, and any left-side bottom-buying should strictly control position sizing.
#门罗币 #XMR #privacy coins
For Monero, technical weakness is only a result—the real source of medium-term pressure is regulation and trading channels. If trading volume cannot be meaningfully boosted, the price may continue to trade weakly, with the possibility of probing lower further. Chasing shorts requires caution against a potential reversal in the news, and any left-side bottom-buying should strictly control position sizing.
#门罗币 #XMR #privacy coins