Is anyone following the recent trend of XMR? From a technical perspective, this coin has been experiencing nearly seven months of continuous upward movement combined with sideways consolidation since the end of last year. There are many emerging competing coins in the market, and the popularity is clearly shifting towards new projects. Many traders are beginning to adjust their strategies, believing that this main upward wave may have come to an end.

The most straightforward sign is that someone has decisively opened a short position at this level—borrowing 70,000 yuan with a target point of 100. This downward space assumption is quite large, with a liquidation price around 744, and the current position size has reached 100,000 U. Based on this configuration, it is indeed a heavy short position.

This reflects a phenomenon: after long-term consolidation, a coin often faces a directional choice. Will it continue to build momentum for a breakout, or will it undergo an orderly correction to release pressure? The market’s short-term expectation for XMR seems to lean towards the latter. Regardless of how it ultimately unfolds, this is the genuine trading logic of market participants.