#数字资产市场动态 A Market Lesson on Privacy Coins: Why Sometimes Technical Charts Fail?
Monero (XMR) recently experienced a very interesting crash. The RSI had already bottomed out into the oversold zone, and various technical indicators were signaling a rebound. So what happened? A $282 million hacking incident combined with sudden global regulatory pressure directly caused a 36% drop. The charts completely failed.
What does this reflect? It reveals a simple but painful truth — in the crypto market, what truly determines prices are not candlestick charts, but fundamentals and external risks.
The regulatory risks faced by privacy coins are like a sword hanging overhead. Investors silently consider issues like compliance prospects, ecosystem security, and whether the project can survive long-term when pricing assets. When market prices and short-term technicals diverge significantly, what the market is actually doing is re-evaluating those assets exposed to high risks.
This offers a clear lesson for all participants: true risk resistance is not just about how impressive the code is or how beautiful the charts look. The key is whether a project can create widely needed and sustainable value in reality. Those that leverage blockchain technology for tangible matters like education and community building often gain very different market recognition.
In summary, next time you look at technical indicators, remember to ask yourself — when investing, where are the risks in the project itself?
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ApeWithNoFear
· 17h ago
It's the same old story again; I've heard too many stories about technical analysis failing. To put it simply, it's still a matter of risk pricing. Privacy coins are already under policy scrutiny, and no matter how green the chart looks, it doesn't help.
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ProbablyNothing
· 17h ago
Charts can be deceptive, hackers are not. A 36% drop teaches us how to behave.
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ProbablyNothing
· 17h ago
It's the same old trick of technical charts to deceive... I told you, those who dare to go all-in just by looking at RSI oversold levels will have to pay tuition fees.
With hacking incidents, regulatory pressure is coming one after another, 36% of assets evaporated directly, this is the reality... XMR has really been beaten down by fundamentals in this wave.
Speaking of privacy coins, the track was already hanging by a thread, the market has already priced in the risks, do we still find it interesting to study moving averages?
Instead of staring at candlestick charts, it's better to think about how long the project can survive... that's the real question.
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Blockblind
· 17h ago
It's another technical "crash" scene. Even with RSI oversold, it still drops 36%, which is unbelievable... Ultimately, regulation is the real chart killer. No matter how beautiful the candlestick chart is drawn, it can't withstand the reality crashing down...
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NewDAOdreamer
· 17h ago
Honestly, the charts look like crap. One hacker attack and everything turns white.
#数字资产市场动态 A Market Lesson on Privacy Coins: Why Sometimes Technical Charts Fail?
Monero (XMR) recently experienced a very interesting crash. The RSI had already bottomed out into the oversold zone, and various technical indicators were signaling a rebound. So what happened? A $282 million hacking incident combined with sudden global regulatory pressure directly caused a 36% drop. The charts completely failed.
What does this reflect? It reveals a simple but painful truth — in the crypto market, what truly determines prices are not candlestick charts, but fundamentals and external risks.
The regulatory risks faced by privacy coins are like a sword hanging overhead. Investors silently consider issues like compliance prospects, ecosystem security, and whether the project can survive long-term when pricing assets. When market prices and short-term technicals diverge significantly, what the market is actually doing is re-evaluating those assets exposed to high risks.
This offers a clear lesson for all participants: true risk resistance is not just about how impressive the code is or how beautiful the charts look. The key is whether a project can create widely needed and sustainable value in reality. Those that leverage blockchain technology for tangible matters like education and community building often gain very different market recognition.
In summary, next time you look at technical indicators, remember to ask yourself — when investing, where are the risks in the project itself?