Kaspa’s recent sentiment has dipped to its lowest point in 30 days, signaling a shift in trader enthusiasm. However, an intriguing story unfolds beneath this surface level drop – it lies in the behavior of long-term holders. Despite short-term mood cooling down, the number of mid and long-term holders is steadily increasing, suggesting a deep conviction in Kaspa’s future even amid market fluctuations. 30-day sentiment data may paint an unsettling picture, but deeper analysis reveals a story of resilience. 200-day moving average sits near $0.1098, and the price has recently fallen below this crucial level, signaling a short-term bearish bias. However, it’s worth noting that the RSI on the 4-hour chart stands at around 42, suggesting a potential easing of selling pressure. This might mean the market is nearing oversold territory.