Recently, the performance of the privacy coin sector has indeed been very hot, and Monero (XMR) has been especially strong. It just broke through the key support level of 500 and also hit a new high for the year in many people's eyes. This collective rally of privacy coins—including established ones like Dash—reflects a phenomenon: there is indeed capital in the market looking for safe-haven assets, and the consensus on these projects is gradually building.

From a technical perspective, in the current strong market trend, entering in line with the trend is often the most efficient choice. If the price retraces to the 495 to 510 range, that would be an ideal entry point. Stop-loss can be set around 470 to leave some room for movement. As for the target levels, 550 is the first focus, and if the momentum continues, 600 is not out of reach. Market conditions are like this—when it's strong, it's very strong; when a coin is weak, no one wants it even if it's cheap. The current momentum of privacy coins indicates that capital enthusiasm for this sector is still rising.