$KAS $KAS Price decline accompanied by high open interest, alerting to the risk of main players offloading. The market shows continuous selling pressure with no effective buying absorption observed.
🎯 Direction: Short position Current logic: The combination of price decline and high open interest (109 million) is critical. Market logic suggests possible long liquidation or main players offloading. Until clear signs of a trend reversal appear (such as increased volume with long upper shadows or price stabilization after a significant drop in open interest), do not go against the trend. Wait for selling pressure to exhaust or structural breakdowns to evaluate a rebound.
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$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.