Looking at Kaito's current market setup, there's a compelling case for shorting pressure ahead. With funding rates elevated, the risk/reward seems skewed to the downside.

The on-chain data tells the story: a mere 1MM token sale triggered a -63% price move, which signals thin liquidity and significant slippage vulnerability.

What's more concerning is the unlock schedule staring us down:

- Jan 17-21: Steady trickle of 33K-108K daily
- **Jan 22: 4.8M tokens unlock** (the big one)
- **Jan 23: 2.1M tokens unlock** (another dump)
- Jan 24 onwards: Minimal pressure

Two massive unlock events in consecutive days could overwhelm buy-side appetite. Combined with already-high leverage, this sets up a potential cascade. Watch those dates closely—supply shock meets weak hands typically doesn't end well for longs.