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Details: ht
Recently, analysts have pointed out that the KAI token may become the next short squeeze target in the cryptocurrency market. Observers have noted that despite the current price decline, the On-Balance Volume (OBV) indicator shows that it is in the accumulation phase, indicating that large funds continue to buy in despite the price drop. This pattern often suggests a strong rebound may occur in the future.
Analysis suggests that there are currently some long investors who are trapped in the market, but large funds seem to be taking advantage of this opportunity to continuously absorb chips. If this trend continues, it could trigger a sharp rise, forcing short sellers to cover their positions, thereby further driving up prices.
It is worth noting that the AWE token previously experienced similar extreme rate predictions, followed by a significant price increase. Some investors believe that KAI may repeat the trend of AWE.
However, the cryptocurrency market has always been highly volatile and carries significant risks. Investors should carefully assess the risks and conduct thorough market research and risk management when considering buying KAI or any other tokens.