DASH suffered a heavy setback, falling 15.5% in a single day! The Privacy Coin zone has collectively fallen into panic selling.

In contrast, BTC only retraced by 6.3%, and ETH dipped by 3.9%—DASH clearly underperformed the market. Technical factors, short futures positions, and concerns over Privacy Coin regulation form a triple pressure.

Key price level breached: the $55 support has been broken. The next line of defense looks at the $42 range, and if it breaks again, it may trigger a deeper level of correction. Market sentiment is extremely fragile, and the risk of short-term volatility has intensified.

BTC0.8%

ETH-0.54%

View Original

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.

11 Likes

Reward
11
6
Repost
Share

Comment

0/400

BlockchainRetirementHome

· 4h ago

15.5%? DASH is probably going to delist, Privacy Coin is really a bit scary --- With regulation and shorting in futures, DASH is genuinely struggling under these three pressures --- Falling behind BTC by so much, it feels like DASH will sit at 42 dollars for a while --- Privacy Coin is getting wiped out like this, don't talk about technicals, one word from regulation and it's all over --- Breaking 55 means breaking 42, what kind of support is this, made of paper? --- Is DASH far from getting out of positions... the market sentiment is so weak, how much longer can it hold on --- The Privacy Coin zone has collectively admitted defeat, it feels like it's going to cool down

View OriginalReply0

ReverseTradingGuru

· 4h ago

Privacy Coin this wave is really scared by regulation, DASH has fallen like this and BTC hasn't moved at all. Is DASH going to drop to 42? I need to take a good look at this position. Another coin that has been violently beaten by the market, this wave of short positions is really fierce. When regulation blows, Privacy Coins all kneel, this is the market. 15.5 points, it's quite stimulating, need to pay attention to whether it can rebound later. Lagging behind the market by so much, it turns out Privacy Coins should be punished.

View OriginalReply0

MainnetDelayedAgain

· 4h ago

According to the database, how long has it been since DASH's last "bottom has been set" promise during this wave of falls? It should be recorded in the Guinness World Records. --- Worried about regulation of Privacy Coins? It should have been mentally prepared for a while, how many days has the project party's cake been fermenting? --- 55 dollars are gone, will 42 dollars also be gone? Might as well just wait for a whole number; the art of time never misses. --- Underperforming the market by 15.5%, this data is worth noting, feel free to add subsequent trends. --- With triple pressure stacking up, this is just how it is; compared to the delays of some projects, this wave of falls seems very straightforward. --- 42 dollars defense line? I bet it won't hold, just wait for the flowers to bloom and that's it. --- Privacy Coins are collectively performing, and will eventually achieve a Rebound—reportedly, it will be more fun next year.

View OriginalReply0

RugPullAlertBot

· 4h ago

55 can't hold, is DASH really heading towards its end? The regulatory pressure on Privacy Coins is too tight, and the short positions are hammering down hard. Can we still buy at 42? I think it's uncertain.

View OriginalReply0

RetailTherapist

· 4h ago

What the hell, DASH, what happened? Privacy coins really can't be played with. --- Are we lagging behind the market again? Once regulation comes into play, the true colors are revealed. --- Can we buy the dip at 42? It feels like the bottom is coming. --- If I had known, I wouldn't have touched this trash track of privacy coins. It's better to buy BTC. --- Triple pressure has directly smashed it down. Short positions are making a killing this time. --- Let's see how much lower it can fall. Why are privacy coins so fragile? --- Damn it, trapped again! This time I really can't hold on. --- So, privacy coins are just traps. Don't touch them, everyone. --- If 42 can't hold, it really is time to close all positions and rug pull.

View OriginalReply0

LiquidityNinja

· 4h ago

DASH has directly smashed through 55, the Privacy Coin is really struggling a bit. Can 42 hold now? It feels like it will continue to break. Regulation has always been the Achilles' heel of Privacy Coins, no matter how you trade, it's useless. BTC has only dropped 6 points, but DASH has dropped 15, the gap is a bit large. However, the downtrend period is usually a buy the dip opportunity, it just depends on whether you dare to catch it. The Privacy Coin zone is really not doing well, we may need to watch for policy hints in the future. It has lagged behind the market so much, the technical outlook should be very bleak now. With so many short positions in futures, there’s probably no hope for a rebound. After breaking 55, the psychological defense line has collapsed, retail investors' selling may continue. This wave of price drops feels like there's no bottom, it's a bit scary.

View OriginalReply0

Trending TopicsView More
#JoinGrowthPointsDrawToWiniPhone17
230.61K Popularity
#DecemberMarketOutlook
24.97K Popularity
#GIGGLEAndPIPPINSurge
4.3K Popularity
#LINKETFToLaunch
3.74K Popularity
#SharingMy100xToken
3.8K Popularity

Hot Gate FunView More

1
KOKO
MC:$3.94KHolders:179
2.47%
2
UGANDAUgandan Knuckles
MC:$3.49KHolders:2
0.33%
3
SPXSPX
MC:$3.91KHolders:2
3.06%
4
FATFAT
MC:$3.68KHolders:1
3.11%
5
UGANDAUgandan Knuckles
MC:$3.42KHolders:1
0.34%

Sitemap