KORU is currently around 15.3u. Yesterday’s move dropped from 16.95 to 13.71—down by 40 to 50 points. That was brutal.
But after the dump, there was a change: the aggressive buy orders actually came in. About 60% of the contract’s traded volume came from active buying, which is up roughly 30% month-over-month. Prices fell, yet buyers became more aggressive—this is a signal worth watching.
The whale accounts are changing too. A few hours ago they were still reducing positions, but now the number of accounts is up by nearly 30%. Longs now account for almost 80%. The total positions haven’t fully recovered yet, but it looks like someone has started re-positioning at this level.
Of course, there are still issues—the sell orders in the order book are still holding down above the buy side, and open interest hasn’t completely stabilized. So it’s not like the market has reversed right now. Rather, the market is starting to show some positive signals.
In this kind of spot, I wouldn’t rush to chase. I’ll start paying attention. If the price pulls back again and holds at the lower levels, the rebound’s cost-effectiveness will feel much better than chasing higher.
#koru $KORU
But after the dump, there was a change: the aggressive buy orders actually came in. About 60% of the contract’s traded volume came from active buying, which is up roughly 30% month-over-month. Prices fell, yet buyers became more aggressive—this is a signal worth watching.
The whale accounts are changing too. A few hours ago they were still reducing positions, but now the number of accounts is up by nearly 30%. Longs now account for almost 80%. The total positions haven’t fully recovered yet, but it looks like someone has started re-positioning at this level.
Of course, there are still issues—the sell orders in the order book are still holding down above the buy side, and open interest hasn’t completely stabilized. So it’s not like the market has reversed right now. Rather, the market is starting to show some positive signals.
In this kind of spot, I wouldn’t rush to chase. I’ll start paying attention. If the price pulls back again and holds at the lower levels, the rebound’s cost-effectiveness will feel much better than chasing higher.
#koru $KORU
