To be honest, the hidden undercurrent has already gathered on the chart. That daily-candle-level lower shadow from $KORU isn’t there for nothing. I watched the volume structure all night: the pullback was clearly dumped with reduced volume—panic selling. But this rebound, on the other hand, carries real, solid demand/absorption. This kind of divergence is often a sign of an upcoming reversal in a leveraged market.
The tail risk of deleveraging has basically been fully released. Now the contract funding rate has been pushed down to a negative value—what does that tell you? In the places where shorts are piled up, the “fuel” is actually the most plentiful.
The market never lets most people make comfortable profits. When the bears stack positions to extremes, the liquidation engine will do the work for the longs. We don’t need to fight the trend—we just need to stand on the opposite side of the liquidation direction. In terms of chart structure, the short-term moving averages have started to flatten and turn—this is the first step toward bottoming. The overhead platform resistance is still there, but as long as volume can continue to expand moderately, a breakout is only a matter of time.
What I care about more is the risk-reward ratio: the downside space is effectively locked by the prior low, while the upside opens a stretch of “vacuum” with little resistance. This kind of asymmetric structure is worth getting involved in. Of course, I won’t tell you to chase higher blindly; waiting for a pullback and confirming support is a more reasonable entry rhythm. Once the direction is set, the rest is for the market to validate.
To view the vastness of mountains and seas, to observe the market’s subtlety.
Travel with Uncle Xiong, and witness gains and losses under the same sky.
#KORU
Click below to trade 👇
The tail risk of deleveraging has basically been fully released. Now the contract funding rate has been pushed down to a negative value—what does that tell you? In the places where shorts are piled up, the “fuel” is actually the most plentiful.
The market never lets most people make comfortable profits. When the bears stack positions to extremes, the liquidation engine will do the work for the longs. We don’t need to fight the trend—we just need to stand on the opposite side of the liquidation direction. In terms of chart structure, the short-term moving averages have started to flatten and turn—this is the first step toward bottoming. The overhead platform resistance is still there, but as long as volume can continue to expand moderately, a breakout is only a matter of time.
What I care about more is the risk-reward ratio: the downside space is effectively locked by the prior low, while the upside opens a stretch of “vacuum” with little resistance. This kind of asymmetric structure is worth getting involved in. Of course, I won’t tell you to chase higher blindly; waiting for a pullback and confirming support is a more reasonable entry rhythm. Once the direction is set, the rest is for the market to validate.
To view the vastness of mountains and seas, to observe the market’s subtlety.
Travel with Uncle Xiong, and witness gains and losses under the same sky.
#KORU
Click below to trade 👇