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Don't remind me again today

The recent trend of KAS has been quite nerve-wracking.



I watched the market for an afternoon, and all timeframes are trending down. The 4-hour and 1-hour levels continue to weaken, with the RSI having dropped into the oversold zone, and the MACD showing a death cross signal. The moving averages are in a bearish arrangement. What's worse is that the 15-minute level also can't withstand the pressure, and the short-term decline is obvious. The price has already dropped by 2.15% consecutively, which is a relatively significant signal in the current market environment.

Looking at the order book data again: the buy-sell ratio is only 0.61, indicating that the buying power is clearly suppressed. The overall long-short ratio and the position tendency of large holders are both above 1.6, with shorts dominating. The active trading volume is relatively quiet, and the funding rate is in a neutral position, creating an overall cautious atmosphere.

If you consider a short position, you can refer to this range:
Entry range: 0.042223 - 0.042985
Target price: 0.041715
The profit-taking margin is approximately 2.5%.

Both technical indicators and market data point to a bearish trend, but the market could reverse at any time. It is advised to set stop-loss orders strictly, manage position sizes well, and avoid all-in bets. When volatility is high, staying alive is more important than making quick money.
KAS-6.05%
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MaticHoleFillervip
· 6h ago
Let's disperse, All in dies fast.
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Layer2Observervip
· 11-04 22:50
Technical data is meaningful, but I prefer to observe trading volume.
View OriginalReply0
SilentAlphavip
· 11-04 22:50
Withdrawal is done, and if you check again, it will be gone.
View OriginalReply0
GasFeeAssassinvip
· 11-04 22:49
What are you doing? Just stay alive.
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4am_degenvip
· 11-04 22:47
Sola Sola
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TopBuyerForevervip
· 11-04 22:28
Oh no, the ground can't take it anymore, it's terrible.
View OriginalReply0
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