2026-03-01 03:55:10

$KAS $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 closed
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.

KAS2.17%

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LeekDefinesTheKing

· 12h ago

$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 key. Market signals suggest possible long liquidation or main players offloading. Until clear signs of stabilization appear (such as increased volume with long lower 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 rebounds. ‍#Gate广场创作者新春激励 #Precious metals market declines #GateLive直播挖矿公测开启 #Crypto market retraces

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