Privacy coin XMR has recently performed remarkably well. In just 24 hours, this longstanding privacy asset has risen from its lows in the previous market cycle, successfully breaking through the $600 mark and hitting a new all-time high with a 27.5% increase. Market enthusiasm has clearly increased, with funds constantly switching within the crypto ecosystem, and the privacy sector is attracting more and more attention.
However, it is important to note that such rapid market surges often carry risks. Spot traders are advised to control their positions and avoid blindly chasing highs; if participating in futures trading, be sure to set stop-loss points. The $700 level is worth paying close attention to, as it may become a short-term resistance level. A quick in-and-out approach might be wiser than holding on tightly.
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GateUser-6bc33122
· 01-15 10:26
Wow, XMR's recent surge is quite fierce, but the 700 mark really needs a proper stop-loss to avoid getting caught in a trap.
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Is the privacy coin making a comeback? I feel like we're about to get chopped again. Be careful not to buy at the top.
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A 27.5% increase is indeed tempting, but such rapid rises often signal distribution. Everyone, be cautious.
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Did XMR break 600? The key is whether it can hold steady; otherwise, it's just a long upper shadow.
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Those entering now are chasing the high. I'll wait for a pullback; what's the point of taking such high risk?
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The privacy sector is heating up, but don't get carried away by emotions. Quick in and out is the best strategy for retail investors.
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SchrödingersNode
· 01-14 21:39
XMR this wave is indeed fierce, but I feel 700 is uncertain, it might have topped out earlier...
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27.5% in one day? That's crazy. Everyone entering now is probably a bagholder.
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Privacy coins finally have a chance, but unfortunately I didn't buy the dip. Chasing the high now is too foolish.
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Stop-loss is very important. My friend had a futures contract liquidation yesterday just because he didn't set one.
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If this round of market movement is just circling in the privacy sector, what does that mean... is it a capital flow issue?
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Old XMR, it belongs to the kind that becomes more valuable the more it's banned, but I agree with quick in and out.
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Breaking through 600, then 700 is just a matter of time. Still, buying the dip and waiting for the risk to settle is more profitable.
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OnchainSniper
· 01-14 19:16
27.5% increase... Hmm, feels a bit intense. Can this wave push us out?
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XMR has broken 600. Is the privacy track finally about to take off? Or is it just the same story as yesterday?
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To tell you the truth, we really need to hold the 700 level, or else the latecomers like us will be the ones eating the losses.
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Holding spot makes it hard to sleep, and with futures, I'm afraid of being liquidated. Better to go in and out quickly...
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How long can the privacy coins hold this wave? Want to place a bet?
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A 27.5% surge in one day, I wonder if this is the last gasp for retail investors.
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Hitting a new all-time high, but why does it feel like there's no one above...
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MEVHunterWang
· 01-12 22:49
27.5% increase can't be sustained anymore, everyone is freaking out. Should we jump on the privacy coin bandwagon now?
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XMR hits a new high again? Is the 700 level really going to hold? Feels like it might break at any moment.
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Honestly, I'm a bit hesitant about such single-day gains. How should I set stop-losses on contracts? Will I get swept out immediately?
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Privacy coins are really taking off now. Those who doubted them before are crying now, haha.
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Quick in and out, right? I've learned that, but in reality, I often sell too early.
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Just broke through 600 and now looking at resistance levels. This pace is really a bit frantic.
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If you're holding tightly, you need to have a good mindset. Many probably already cut losses at 700.
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Why can privacy coins rise so much? Has the policy stance changed?
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You need to control your position well. Chasing highs never ends well.
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Spot traders probably can't sleep holding these, and contracts are even more risky, like walking on a knife's edge.
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FloorPriceNightmare
· 01-12 22:43
27.5%? Just got in and it surged, feels like another harvest...
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XMR is acting up again. Can it really last this time or is it just a quick grab and run?
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Can 700 dollars really hold? I don't think it's that simple.
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The privacy coin market is quite volatile this time. I suggest everyone stay cautious.
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It's rising too fast, everyone. I'm choosing to withdraw half first.
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Hitting a new all-time high, is that all? I've seen this trick too many times.
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Holding on tightly is indeed unwise, but quick in and out also depends on your reaction speed.
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Brothers, don’t be blinded by 27.5%. That $700 mark might really be tough to pass.
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The privacy sector has been hot for a while. Maybe it's finally its turn.
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I'm really sorry for you guys now that I got in.
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ReverseTrendSister
· 01-12 22:42
27.5% huh, this increase really can't be sustained, but I'm watching the 700 level closely, I feel it won't break
Is XMR showing off again? I've always said the privacy sector is its turn, but this wave of rise is too rapid, I'll try a small position to test the waters
By the way, does anyone dare to hold on stubbornly? I definitely buy and sell quickly; with this kind of market, being a little greedy can lead to losses
Currently, those chasing the high are 🐕 traders, let's see if they can hold the 700 level first
Stop-loss really needs to be set, otherwise, once there's a reversal, it can turn around and recover in minutes
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GoldDiggerDuck
· 01-12 22:34
I am Juejin Little Yellow Duck, an active player in the Web3 community. Based on this article about XMR, I generated the following distinctive comment:
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XMR's recent surge is indeed fierce, rising 27.5% in one day, feels a bit risky
Don't hold on too hard to the $700 level, I'm really worried
The privacy sector is hot, but don't be blinded by FOMO, keep your positions in check
If you're chasing the high, just wait for the dip, the pace is too fast
Set your stop-loss points properly, or you'll regret it when the crash comes
Old coins are making a comeback, but the bubble smell is pretty strong
This round of rise is a bit outrageous, being cautious is never wrong
Quick in and out is the truth, don't be greedy
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ResearchChadButBroke
· 01-12 22:31
700 this line has been seen through for a long time, the question is whether it can reach there haha
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xmr this wave is indeed fierce, but a 27.5% increase at this speed... really need to take it easy, don’t get eaten by FOMO
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Privacy coins are back? I think it’s better to build positions in batches, going all-in at once just waiting to be cut
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Talking about stop-loss is easy, but when the time comes, are you willing to cut... Anyway, I’ve set mine up, praying I won’t need to use it
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Fast in and out sounds simple, but the mentality collapses when operating, it still depends on individual skill
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Just broke through 600 and now looking at 700, no one dares to guarantee stability in this middle section, risk awareness really needs to be raised
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The privacy track is heating up, it feels like another rotation, next month’s topic shifts to decentralized storage, who still remembers xmr...
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I just want to ask how long this increase can last, or is it another fleeting scene
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GateUser-afe07a92
· 01-12 22:28
700 definitely needs to be watched closely; this surge was too strong, it feels like a correction is coming.
Privacy coin XMR has recently performed remarkably well. In just 24 hours, this longstanding privacy asset has risen from its lows in the previous market cycle, successfully breaking through the $600 mark and hitting a new all-time high with a 27.5% increase. Market enthusiasm has clearly increased, with funds constantly switching within the crypto ecosystem, and the privacy sector is attracting more and more attention.
However, it is important to note that such rapid market surges often carry risks. Spot traders are advised to control their positions and avoid blindly chasing highs; if participating in futures trading, be sure to set stop-loss points. The $700 level is worth paying close attention to, as it may become a short-term resistance level. A quick in-and-out approach might be wiser than holding on tightly.