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The voices of bearishness are overwhelming, but the accounts are all in the red. This is a true reflection of the recent privacy coin sector.
Someone once sold thousands of Monero around 260 yuan, and when it broke through 600, they felt anxious and decided to short to recover losses. But the market has taught us one thing: personal emotions and rational trading are two different things.
**Why does Monero frequently face pressure but still remain resilient?**
**High degree of decentralization of holdings.** Without major whales dumping, the believers scattered around the world are the true holders of the chips. This characteristic makes shorting a thankless and difficult task.
**Solid fundamental support.** Self-developed mining machines are about to be launched, which is not hype but building a real computing power barrier. Privacy protection always has a genuine market demand.
When you deploy technical analysis for short positions, you are actually competing against the world's largest "genuine demand user network." The chances of winning this game are not as high as you think.
The essence of trading is still risk control first—strict stop-loss and take-profit, and respect for unfamiliar assets.