$KAS Price decline accompanied by high open interest, caution is needed for main force distribution risk. 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 logic suggests possible long liquidation or main force distribution. Until clear signs of stabilization 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 rebound before reassessment.
#Gate广场创作者新春激励 #贵金属行情下跌 #GateLive直播挖矿公测开启 #加密市场回调
KAS-15,01%
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PhoenixRenvip
· 19h ago
To continuously reward high-quality creators, incentivize more premium content output, and further improve the platform's live streaming ecosystem, Gate Live officially announces a comprehensive upgrade to the "Live Mining Rebate Program." This upgrade is implemented based on Gate Live App V8.6.0 and above, focusing on optimizing core mechanisms such as rebate structure, trading scenarios, and task incentives. It aims to further enhance streamers' monetization capabilities and long-term earning potential, fostering a more efficient positive feedback loop between content creation and user transactions.
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HaonanChenvip
· 19h ago
Lochia doesn't end, and the Yangtze River keeps flowing. I don't know what's happening to me now!
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HaonanChenvip
· 19h ago
Hold on tight, we're about to take off 🛫
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