KORU is currently around 20.86u. In the past 24 hours it has pulled up more than 8 times. After yesterday’s low of 17.6, it bounced all the way back above 21. This rebound looks pretty strong, but I won’t chase it from this level.
First, let’s talk about the “quality.” The four-hour momentum is still upward. Price is sitting more than three points above the MA50. On the futures side, active buy orders account for 55%. The funding rate is slightly positive but not hot—this short-term push is real; it’s not a fake pump.
The problem is with the big accounts. The whale accounts are still net long, and longs make up 62%. But over the past seven hours, the long/short ratio in those accounts dropped by nearly 25%, and the long/short positioning ratio also fell by 15%. As price moves higher, the large positions are actually reducing their longs. The money used for high-level follow-on is getting less.
The order book also matches: on the spot 20-level depth, the sell orders are a bit thicker than the buy orders. That four-hour candle during the push left an upper wick. It touched 21.31 and then retreated back to around 20.4. Plus, since this is a 3x long leveraged ETF, both gains and swings are amplified—chasing in at this point will be very rough.
The conclusion is simple: this looks more like high-level rotation and turnover, not the start of a new round. Those who already hold can keep the position to bet on momentum. If you’re currently in cash, don’t go long directly from this level—wait for a pullback and confirmation, or wait for the whales to add back in.
#koru $KORU
First, let’s talk about the “quality.” The four-hour momentum is still upward. Price is sitting more than three points above the MA50. On the futures side, active buy orders account for 55%. The funding rate is slightly positive but not hot—this short-term push is real; it’s not a fake pump.
The problem is with the big accounts. The whale accounts are still net long, and longs make up 62%. But over the past seven hours, the long/short ratio in those accounts dropped by nearly 25%, and the long/short positioning ratio also fell by 15%. As price moves higher, the large positions are actually reducing their longs. The money used for high-level follow-on is getting less.
The order book also matches: on the spot 20-level depth, the sell orders are a bit thicker than the buy orders. That four-hour candle during the push left an upper wick. It touched 21.31 and then retreated back to around 20.4. Plus, since this is a 3x long leveraged ETF, both gains and swings are amplified—chasing in at this point will be very rough.
The conclusion is simple: this looks more like high-level rotation and turnover, not the start of a new round. Those who already hold can keep the position to bet on momentum. If you’re currently in cash, don’t go long directly from this level—wait for a pullback and confirmation, or wait for the whales to add back in.
#koru $KORU