Short-term technical recovery: The # KAS price demonstrates confident growth to the 0.0490 USDT area, while technical indicators signal a continuing strengthening phase.
Against the backdrop of capital outflows from Bitcoin into altcoins and growing interest in Ethereum after ETF inflows, KAS attracts speculative capital, increasing short-term buying pressure.
News background (Bullish signal 📈)
Altcoin season gains momentum: The altcoin index is at 39, indicating a moderate shift of investments from BTC to cheaper assets, among which KAS looks attractive as a fast-growing project with a PoW structure. ETF market effect: Positive news about Ethereum ETF boosts optimism across the sector, including KAS, which benefits from increased institutional investor trust in alternative networks.
Current market cycles: Increased activity on Solana blockchains and meme coin activity (PEPE) indicate a rise in overall liquidity in the altcoin segment, supporting demand for KAS. Technical factors (Bullish signal 📈) KDJ data indicate overbought conditions, but momentum remains: On the hourly chart, K values are at 86, D at 84, and J at 84, indicating a strong wave of buying with growth potential still intact. Support from major players: According to elite accounts, the long-to-short ratio exceeds 7.8:1, and the overall share of long positions among retail traders remains above 86%; this confirms market participants' confidence. Funding is negative, suggesting futures traders are aiming to lock in positions and may trigger further upward movement after the overheated conditions subside.
Collapse 🚨 Risk (Moderate 🤔)The market requires correction before a new impulse: Despite a daily increase of over 10%, there has been a significant capital outflow over the last 3 days (more than -398K USDT), indicating a gradual weakening of fresh capital inflow. RSI and KDJ are in overbought zones, increasing the short-term decline risk.
More details ⚡ Action (Bullish signal 📈)Upward movement plan after correction: The KAS market is in an active upward cycle phase. Gradual buying at support levels and profit-taking on growth are recommended, while monitoring BTC and ETH dynamics — their stability will determine the strength of KAS movement.