XMR's recent trend is quite interesting. After breaking through the 500 milestone, the price entered a relatively vacuum zone, lacking obvious selling pressure. From the 4-hour K-line, a large bullish candle with no wicks just closed, which is a good technical signal.

More notably, there are anomalies on the data side. Open interest continues to increase, but the long-short account ratio has dropped to 0.63, forming a typical "volume-price divergence" phenomenon. In other words, retail investors are making large-scale contrarian tops, which actually gives the main players more room and motivation to push the price higher. Under this situation, the long-short ratio needs to rise above 0.8 before a trend reversal might occur.

From a trading perspective, the current opportunity lies in following the trend. Set the stop-loss at 548.00 (if the key support level is broken), with three target levels in sequence: 600.00 (psychological milestone), 625.00 (short squeeze limit), and 650.00 (long-term target). The core logic is to fully understand the upward potential brought by this liquidity premium.