Data shows that Altcoin#KAVAcould be a good opportunity in the medium term.
1. Open interest is still very low compared to Market Cap of over $870 million.
2. Low levels of liquidations over time.
3. High Spot volume compared to derivatives.
5. 24-hour Liquidation/OI rate is the lowest among various Exchanges.
6. High Long Short Ratio, which usually falls quickly when the price tends to rise.
7. On-chain data shows accumulation between main addresses.