Kaspa priceKAS

RT @phoenix_cr47: I sold all my remaining $KAS around 9.4 cent with yesterdays daily closure. Market structure is clearly broken. I sold…

$KAS is at the DO or DIE level 🚨 Im talking about the 0.786 fib retracement confluence with the weekly OB — the most critical zone on the chart. I waited years for this level... because it will decide Kaspa's fate. 📈 Bounce = new ATHs 📉 Break = death spiral No inbetween.

$KAS - Mcap 1,43B$ - 89%/ 407,2K votes Bullish SC02 M1 - pending Short order. Entry is within HVN + meets simplification criteria with the prior profitable Short order, estimated stop-loss around 0,90%. The downtrend is in the 115th cycle, decline amplitude 1,65%. #TradingSetup #CryptoInsights

I used to be a big $KAS fanboy — and I still am… just for different reasons now. 😉 From everything I’ve studied, it has some of the strongest fundamentals out there. And they did matter — but only to a certain extent. They helped it to grow a global community and get listed on bigger CEXes, and eventually led to futures trading on Binance. This was however where big money entered the chat and the games started. Even with all those solid fundamentals it still crashed below 1 cent during the liquidation cascade. In moments like that, narratives and tech take a back seat. No fair launch, no global community, no super-scalable decentralized tech could stop it from nuking. Fundamentals might help build the base, but liquidity rules the game. If market makers want to send something to zero, they often can — especially in a over-leveraged environment. Sometimes I think about all the people who probably thought they were playing it safe — 2x leverage, low-risk setups — and still got liquidated. For many that was surely a brutal wake-up call. Today I still have a soft spot for $KAS because it played a huge role in shaping how I approach the game today. It gave me wins and lessons, the biggest being that liquidity rules this game.