The privacy coin market is currently playing out a fierce "survival silhouette," with the three major coins recently diverging significantly!!

While the market is still testing the edges, DASH has already gained momentum. After a strong shakeout in the $50 range, it has surged, with a short-term increase of over 10%. Coupled with frantic capital inflows, it demonstrates strong bullish resilience and has become the leader in the privacy sector.

In contrast, the former giants ZEC and XMR have fallen into a correctional quagmire. XMR is under strict regulatory restrictions in many regions, with market sentiment dropping to freezing point, even showing signs of large traders leveraging up on trading platforms to aggressively short. ZEC faces similar difficulties, with contract funding rates turning negative, 24-hour open interest shrinking by over 11%, and clear signals of profit-taking and bullish retreat, leaving it in a stalemate favoring the bears.

Although DASH remains popular, some investors are choosing to take profits and leave, leaving a large amount of sidelined funds watching from outside the market. ZEC supporters are holding their breath, waiting for the final verdict on regulatory investigations, with extremely cautious attitudes. Meanwhile, pessimism about XMR is spreading, with some major players continuously adding to their short positions, betting that it won't escape regulatory shackles.

ZEC, with its short-term volatility, tests the heart the most. That recent 5-minute bullish candle was indeed impressive, but don’t be fooled by this spike. A rise without volume is just playing tricks; if the subsequent volume can't keep up, it’s likely a trap for a quick pullback. The current strategy is "buy quickly, sell quickly." Wait for the volume to confirm before acting—don’t hold on stubbornly at the peak! Which of the three do you think will become the top dog?