1. Project Overview

Project Positioning

Core Functionality
- Market Driven
- Cryptocurrency
- Community Governance
Current market performance (as of the report date)

2. Technical Analysis
1. Trend Judgment
- Current Trend: Strong Downward Trend
- Key price level:
- Resistance level: $1.6043 🟢
- Support Level: $1.2155
- Current Price Position: $1.2927 (close to support)
2. Technical Indicators

3. Price Trend Review
- July high: $1.8257 (July 17)
- Recent low: $1.2514
- Cumulative decline: 30%

3. Market Intelligence Analysis
### 1. Important Events
- Risk event: Founder X's account was hacked (wallet security was not affected)
- Positive Events:
- Founder Yu Hu increased his holdings by 1 million KAITO (worth 1.4 million USD) and pledged it.
- Launch of the sKAITO reward program in April (weekly $5,000)
- Market concerns: Amber Group deposits 1.26 million KAITO (approximately 1.3 million USD) into CEX
2. Institutional Trends
- Major holder pledged 1.79 million KAITO, showing long