KAITO Five-Minute K-Line Fluctuation Accumulation, Key Points Focus on the Movement of the Operators!
Today's KAITO market has been quite sluggish, with the five-minute K-line showing a daily fluctuation of only 0.3%, closing at 2.1412, firmly stepping above the BOLL middle track of 2.1361. On the surface, it appears that the bulls are in control, but the MACD is showing a dead cross below water with the green bars continuously expanding, and the DIF has crossed below the DEA, indicating a clear divergence in momentum indicators, thus raising the risk of a short-term pullback. In conjunction with the latest news, the KAITO project team has just announced a partnership with a certain DeFi platform, but the market reaction has been tepid. On-chain data shows that large addresses have seen a net outflow of over 5 million tokens in the past 24 hours, with selling pressure concentrating at the 2.2 integer level, revealing the operator's clear intention to control the market.
1. Upper and lower tracks determine direction, trading volume reveals the underlying chips
The current BOLL channel middle track is at 2.1361, with upper resistance at 2.1521 and lower support at 2.1200. The price has been oscillating in a narrow range between the middle and upper tracks throughout the day, indicating that the main force is testing the selling pressure strength above. It is worth noting that the chip distribution chart shows that the trading volume is highly concentrated around 1.8, which is the cost area for the main forces' previous positions. If it breaks below the 2.12 support, it is highly likely to quickly test the 1.95-1.85 range for a washout. Conversely, above, there is a massive accumulation of sell orders at 2.15-2.2, making it difficult to break through without an influx of new capital.
2. Positive news fails to raise prices, beware of “Door Painting” market
Despite the release of the KAITO cooperation news, the price remains unmoved, and the on-chain contract positions have decreased by 15%, indicating that funds are numb to the positive news and that there is a lack of explosive logic in the short term. More importantly, the Federal Reserve will announce its interest rate decision tonight; if hawkish signals are strengthened, the entire cryptocurrency market may experience a downward trend. KAITO is currently in a “news vacuum period,” and the operators are likely to use macroeconomic negative signals to wash out positions. Contract traders must be cautious and set stop-loss orders.
3. Trading Strategy
For spot traders, the 1.8 area is a dense chip zone and serves as a solid bottom. As long as the 2.12 middle track support holds, hold on and don’t get shaken out. Contract players should focus on two key points: if there is a volume breakout above 2.15, it is advisable to take a light position and pursue long to 2.18; if it breaks below 2.12, directly look for a rebound opportunity near 1.95. Remember, recent market movements have frequently involved midnight attacks, so make sure to set stop-loss orders below 2.10 or above 2.16 to prevent reverse liquidation by operators.
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