Privacy coins like Monero maintain consistent underlying demand rooted in their core utility, standing in stark contrast to the broader market where speculation and short-term trading have taken over the narrative. Bitcoin, on the other hand, finds itself at a pivotal juncture—this particular support level carries real weight, and if it breaks down, we could see a significant washout across the board. Market sentiment remains fragile, with certain tokens already showing signs of deterioration as institutional interest shifts. The distinction between sustainable projects and temporary trading vehicles becomes increasingly apparent during these volatile periods.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
19 Likes
Reward
19
8
Repost
Share
Comment
0/400
ImpermanentTherapist
· 01-10 22:45
Monero, this privacy coin, really has some substance. Unlike those pump-and-dump coins that just follow trends... If the support level for BTC really breaks, I'm afraid there will be a bloodbath afterward.
View OriginalReply0
ShitcoinArbitrageur
· 01-10 16:28
Privacy coins can still hold up, but the support level for Bitcoin is really in jeopardy.
View OriginalReply0
MetaMaximalist
· 01-10 02:47
monero actually gets it, while 90% of alts are just gambling chips dressed up as "technology"... the support breakdown narrative is getting played out tho, everyone's been screaming that for weeks
Reply0
MemeTokenGenius
· 01-09 05:58
Monero, this privacy coin, is like a fossil of holding; people are actually using it... If BTC is about to break the support level, we all have to watch the show.
View OriginalReply0
SignatureLiquidator
· 01-09 05:53
People are really using anonymous coins, they're not just tools for pulling the wool over investors' eyes.
View OriginalReply0
SerumSqueezer
· 01-09 05:46
Monero really has some interesting aspects; its true utility is worlds apart from those purely hype-driven trash coins.
View OriginalReply0
ProposalDetective
· 01-09 05:43
Privacy coins are indeed resistant to declines; on the other hand, a bunch of worthless tokens should have already gone to zero.
View OriginalReply0
OnchainDetectiveBing
· 01-09 05:33
Monero and other privacy coins are indeed resilient; the genuine demand is right here... If Bitcoin's support level really can't hold, then let's go down together.
Privacy coins like Monero maintain consistent underlying demand rooted in their core utility, standing in stark contrast to the broader market where speculation and short-term trading have taken over the narrative. Bitcoin, on the other hand, finds itself at a pivotal juncture—this particular support level carries real weight, and if it breaks down, we could see a significant washout across the board. Market sentiment remains fragile, with certain tokens already showing signs of deterioration as institutional interest shifts. The distinction between sustainable projects and temporary trading vehicles becomes increasingly apparent during these volatile periods.