Analysis of the two major core highlights of the ZKJ project: the strength and pattern of the project party are prominent: In the bear market, the ZKJ project team has shown rare resilience, consistently supporting the price at the 1B level from May to September last year, and steadily rising after the market started in November, currently only less than 10% away from the historical high, which is a model of both financial strength and long-term planning in this cycle.
Abnormal performance of the contract market draws attention: The ZKJ contract position on the Bybit platform has reached $250 million, showing a counter-trend operation of "buying more as it falls," continuing to add positions even in the face of high funding rates.
With the launch of Alpha, if Binance contracts are launched simultaneously, the dynamic changes in the current open interest (OI) may become the new focus of the market.
