KAS has not broken out of the range last week either. It is trading within a narrow box around $0.03, and looking at recent movements, the 24-hour change is -2.68%, indicating a rather bearish trend. Although there was a small weekly increase of about 1.89%, the structural trend remains downward.

From a technical perspective, the RSI is at 42.28 in the neutral zone, and the MACD divergence is noteworthy, but overall momentum is still weak. The short-term weakness is reflected in breaking below the EMA20 at $0.03, and the resistance at $0.0331 is acting as a barrier. The $0.0291 support level is critical, and whether it holds will determine the next move.

Bitcoin is also in a continued downtrend at around $67,479. Since BTC's super trend remains bearish, there is ongoing pressure on altcoins overall. With a high correlation of 0.75 with BTC, Bitcoin's movements directly impact KAS. Next week, maintaining the $0.0291 support will be key. If this level is broken, downside risks could accelerate rapidly. While signals of accumulation are present, the macro risk-off environment is likely to continue limiting that potential.