ZK is now charging towards the hard wall of $0.0400, and what's more intense is that there is a massive amount of short orders stacked at $0.0460 above — if this wall is breached, it will be very exciting.

The price is firmly pressed below the downward trend line and has been confirmed to have broken below it. But here's the anomaly: the funding rate is negative, indicating that the short order positions are too full. From a contrarian perspective, this is actually a bullish signal.

Looking at a few more details: After the bottom of 0.0360 USD, it has been quietly accumulating, with buying pressure clearly outweighing the selling pressure on the order book.

What are the key trigger points? If the closing price stabilizes within the range of $0.0400 to $0.0420, the target will be aimed directly at $0.0450-0.0460. However, if it turns around and falls back to $0.0360, then this scenario is off the table.

ZK is now on the edge of a turning point, and once it breaks through, the chain reaction of short orders being squeezed will be very fierce.