The privacy coin market has recently experienced some changes. The recent surge in XMR is largely due to personnel adjustments within the ZEC team, which triggered a reallocation of sector funds—incremental capital in the privacy coin sector has flowed into the relatively strong XMR. From a fundamental perspective, XMR indeed has the potential to become the leader in privacy coins. However, sector rotations like this tend to come quickly and go just as fast. Once the funds have shifted from ZEC to XMR, this wave of market movement is likely to face a pullback pressure. The current price level has already fully reflected the optimistic expectations of the capital market, and there may be good short-term shorting opportunities. The key still depends on subsequent changes in market risk appetite.