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$KAS $KAS $KAS $KAS Price decline accompanied by high open interest, caution is needed for main force distribution risk. The market shows continuous selling pressure, with no effective buying absorption observed.
🎯 Direction: Short position closed
Current logic: The combination of price decline and high open interest (109 million) is key. Market logic suggests possible long liquidation or main force distribution. Until clear signs of stabilization appear (such as increased volume with long upper shadows or price stabilization after a significant drop in open interest), do not go against the trend. Wait for selling pressure to exhaust or structural breakdowns to rebound before reassessing.