KORU is currently around 17.9u, hugging the 24-hour high of 18u and rallying. The four-hour and daily charts are both signaling an upward trend. Price is holding above the 20 and 50 lines, and in the past 24 hours it has risen by nearly 9%. The momentum is real.
On the contract side, the主动 (active) buy orders account for 55% or more. Within seven hours, the activity level of buy orders has more than doubled. What is pushing price higher right now is mainly the buy orders and sentiment.
But there’s one thing I can’t quite put my mind at ease. As price climbs, the large holders’ position share has dropped by more than 15% over the past seven hours. The account share has even fallen by around 30%. The higher the price is pushed, the more large accounts appear to be reducing long positions. In the spot order book, sell orders are still pressing below the buy orders.
In plain terms, large holders are still net long, but they are withdrawing while riding this wave up. What’s driving price more is short-term capital, not big funds continuously adding.
At this level, I lean toward watching and waiting. The trend is correct, but price is already right up against the 24-hour high, so chasing in offers mediocre risk-reward. I’d rather wait for a pullback, then see whether large accounts add back before making a move—it will feel more comfortable.
#koru $KORU
On the contract side, the主动 (active) buy orders account for 55% or more. Within seven hours, the activity level of buy orders has more than doubled. What is pushing price higher right now is mainly the buy orders and sentiment.
But there’s one thing I can’t quite put my mind at ease. As price climbs, the large holders’ position share has dropped by more than 15% over the past seven hours. The account share has even fallen by around 30%. The higher the price is pushed, the more large accounts appear to be reducing long positions. In the spot order book, sell orders are still pressing below the buy orders.
In plain terms, large holders are still net long, but they are withdrawing while riding this wave up. What’s driving price more is short-term capital, not big funds continuously adding.
At this level, I lean toward watching and waiting. The trend is correct, but price is already right up against the 24-hour high, so chasing in offers mediocre risk-reward. I’d rather wait for a pullback, then see whether large accounts add back before making a move—it will feel more comfortable.
#koru $KORU