The KAS coin is seriously oversold, and according to market data, a short-term recovery is possible against the backdrop of risk shifting into "digital assets" after massive inflows into Bitcoin and Ethereum ETFs.
News background (Bullish signal📈): Institutional driver: increased flows into BTC and ETH ETFs (inflows of $4.7 billion and $1.74 billion respectively) boost interest in second-tier altcoins, including KAS. Social discussion: despite overall pessimism on Twitter, opinions about "re-entry" into the oversold market are strengthening, which stimulates speculative demand. Network context: trends around similar assets such as SOL and SUI fuel interest in high-performance projects at the L1 (Layer-1) level, where investors seek undervalued analogs.
Technical analysis (Bullish signal📈): Recovery indicators: KDJ on the hourly chart shows a rising K-line (60→91), signaling the start of recovery after oversold conditions. Position balance: over 86% of participants hold long positions, while elite traders demonstrate a long/short ratio above 7.5, reflecting a strong bullish bias. Funding: negative funding rate (-0.000018) hints at potential short squeeze and increased chances of a short squeeze. Collapse 🚨 Risk (Medium🤔):
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#KAS May start a rebound:
The KAS coin is seriously oversold, and according to market data, a short-term recovery is possible against the backdrop of risk shifting into "digital assets" after massive inflows into Bitcoin and Ethereum ETFs.
News background (Bullish signal📈): Institutional driver: increased flows into BTC and ETH ETFs (inflows of $4.7 billion and $1.74 billion respectively) boost interest in second-tier altcoins, including KAS. Social discussion: despite overall pessimism on Twitter, opinions about "re-entry" into the oversold market are strengthening, which stimulates speculative demand. Network context: trends around similar assets such as SOL and SUI fuel interest in high-performance projects at the L1 (Layer-1) level, where investors seek undervalued analogs.
Technical analysis (Bullish signal📈): Recovery indicators: KDJ on the hourly chart shows a rising K-line (60→91), signaling the start of recovery after oversold conditions. Position balance: over 86% of participants hold long positions, while elite traders demonstrate a long/short ratio above 7.5, reflecting a strong bullish bias. Funding: negative funding rate (-0.000018) hints at potential short squeeze and increased chances of a short squeeze. Collapse 🚨 Risk (Medium🤔):