#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🤔):
KAS0,25%
BTC-0,84%
ETH1,07%
SOL1,66%
View Original
post-image
post-image
post-image
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.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
ASSAvip
· 01-04 04:19
Confirmed, we are observing
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)