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In the past four years of the crypto market, the number of cryptocurrencies with a market cap of over 10 billion that have truly broken through previous bull market highs is very limited. Counting them, only ZEC, XRP, SOL, and XMR. There is an overlooked pattern behind this phenomenon.
The timing of the breakout determines the subsequent upside potential. Looking back at history is quite interesting: XRP and SOL both broke through during the frenzy of the bull market, but their subsequent gains were only around 10%. In contrast, ZEC's situation was completely different—it chose to break through against the trend at the end of the bull market, when its market cap was only 4.3 billion, ultimately achieving a 100% increase.
The logic behind this is: what does a breakout at the end of a bull market signify? Major players are highly controlling the market, selling pressure is minimal, and short-term floating capital has been largely cleared out. Such breakouts often harbor stronger momentum.
Now, XMR is replicating this rare path. It chose to break through near the 10 billion market cap during the transition from bull to bear. The rarity of this timing and the implied intentions of major players are worth noting. From historical patterns, such breakouts usually lead to considerable subsequent upside potential.
From a technical perspective, the first target of $670 (approximately +30%) has already been reached, making it an ideal initial entry point for adding positions. After sufficient consolidation, if the price continues upward, the second target can be around $780 (about +50%). We are currently in a critical window for strategic positioning; whether the price can stabilize around 670 will be an important signal.