2026-02-17 03:15:51

$KAS $KAS Price decline accompanied by high open interest, alerting to the risk of main players offloading. The market shows continuous selling pressure with no effective buying absorption observed.

🎯 Direction: Short position
Current logic: The combination of price decline and high open interest (109 million) is critical. Market logic suggests possible long liquidation or main players offloading. Until clear signs of a trend reversal appear (such as increased volume with long upper shadows or price stabilization after a significant drop in open interest), do not go against the trend. Wait for selling pressure to exhaust or structural breakdowns to evaluate a rebound.

KAS-0,8%

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.

1 Likes

Reward
1
1
Repost
Share

Comment

0/400

LeekDefinesTheKing

· 20h ago

$KAS Price decline accompanied by high open interest, alerting to the risk of main players offloading. The market shows continuous selling pressure, with no effective buying absorption observed. 🎯Direction: No position Current logic: The combination of price decline and high open interest (109 million) is key. Market logic suggests possible long liquidation or main players offloading. Until clear signs of a bottom (such as increased volume with long lower shadows or price stabilization after a significant drop in open interest) appear, do not go against the trend. Wait for selling pressure to exhaust or structural breakdowns to rebound before reassessment. ‍#Gate广场创作者新春激励 #Precious metals are declining #GateLive直播挖矿公测开启 #Cryptocurrency market is correcting

View OriginalReply0