XMR yesterday provided a shorting opportunity at the 622 level, and the market continued to decline as expected, with the highest floating profit exceeding 10%. The current price is around 585, and the downward continuation pattern remains unchanged. The main force creates a false appearance of a rebound to lure out off-site funds, but the core logic of the bears has not been broken.

For traders who already hold short positions, continuing to hold a proportion of their positions is a reasonable choice. If you haven't established a short position yet, there's no need to hesitate—using a market order to enter might be a more efficient decision. The next key step is to observe whether the price can effectively break below the 585 support. Once broken, the subsequent space will be more considerable.