$KAIA On-chain data shows net outflows of as much as $138 million over 7 days. Whales are selling into the good news. Those who bought in on the 10th are now stuck at the top. Don’t be discouraged—take action now, or you’ll be swept out! If you’re looking for an entry point 👇, we’ll be waiting for you in the meeting room #Kaia
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鑫火首席
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$KAIA This “pump and dump” is almost exactly the same as what happened on January 23! Guys, look at this candlestick chart—it’s just like the playbook from January 23: the damn market makers pump it hard to attract buyers, then quietly distribute their holdings at the top.
News:
After the bullish news of Upbit listing the token broke, on-chain data told a very different story: net outflows reached as much as $138 million in just 7 days, as big players used the positive news to sell. The project’s core team had already cashed out and left, while several companies in its ecosystem have gone bankrupt one after another. The fundamentals have basically lost all support. Whales have an extremely high level of control: the top 5 addresses hold over 80% of the tokens, so whether the price is pumped or dumped depends entirely on the market makers.
Technical analysis:
After a massive 24-hour pump, the RSI surged to 87.8, indicating extreme overbought conditions. The price broke above the upper Bollinger Band, and the deviation has reached an extreme. Yet the funding rate is deeply negative at -0.2260%, which suggests that short sellers are being squeezed but haven’t capitulated. If buying pressure can’t keep up, long liquidations could trigger a reverse cascade.
Xinhuo strategy:
Aggressive traders: Open a short at the current price; add to the position around 0.07.
Conservative traders: Wait for price to approach 0.07, then open a short position.
(For precise entry points 👉@鑫火首席—an incredibly favorable risk-reward ratio)#Kaia #山寨币热点
News:
After the bullish news of Upbit listing the token broke, on-chain data told a very different story: net outflows reached as much as $138 million in just 7 days, as big players used the positive news to sell. The project’s core team had already cashed out and left, while several companies in its ecosystem have gone bankrupt one after another. The fundamentals have basically lost all support. Whales have an extremely high level of control: the top 5 addresses hold over 80% of the tokens, so whether the price is pumped or dumped depends entirely on the market makers.
Technical analysis:
After a massive 24-hour pump, the RSI surged to 87.8, indicating extreme overbought conditions. The price broke above the upper Bollinger Band, and the deviation has reached an extreme. Yet the funding rate is deeply negative at -0.2260%, which suggests that short sellers are being squeezed but haven’t capitulated. If buying pressure can’t keep up, long liquidations could trigger a reverse cascade.
Xinhuo strategy:
Aggressive traders: Open a short at the current price; add to the position around 0.07.
Conservative traders: Wait for price to approach 0.07, then open a short position.
(For precise entry points 👉@鑫火首席—an incredibly favorable risk-reward ratio)#Kaia #山寨币热点
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