2026-01-07 03:27:32

JASMY's recent trend is indeed quite interesting. The price surged by 24.93% to 0.009548, and trading volume also skyrocketed to the level of 332.7 million USD, but if you look at the open interest (OI), it only increased slightly to 1.129 billion. This presents an interesting contradiction—price and volume are rising together, but OI hasn't kept up, indicating that this rally is mainly driven by spot buying, while the futures main positions haven't yet built up on a large scale.

From this perspective, there is actually a significant risk of profit-taking pressure. Retail investors are currently experiencing obvious FOMO, but the futures market participants remain cautious, either waiting for a lower entry point or quietly distributing positions.

As for JASMY itself, this project is positioned as an IoT data rights confirmation and trading protocol. It has collaborations with real-world companies like SoftBank and Toyota, making it essentially a "blockchain version of a personal data safe." Users can autonomously trade data generated by their devices. However, the token circulation rate is currently about 49.2%, with a total supply of 50 billion. There are also large amounts of tokens from the team and foundation that will be unlocked later, which adds pressure that cannot be ignored.

In the short term, if the price can break through the previous high of 0.0108 with a significant increase in OI, it suggests that a new upward trend may be starting, with about a 60% probability. But if it fails to break through effectively, the correction target is around 0.0085, and the risk should be taken into account.

JASMY-3,67%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

9 Likes

Reward
9
10
Repost
Share

Comment

0/400

MEVHunterZhang

· 01-09 16:40

Retail investors are the suckers, futures main players are distributing, this trick is old now.

View OriginalReply0

RektButSmiling

· 01-09 07:08

Retail investors FOMO into the buy-in, while the main players are actually distributing. I've seen this trick too many times.

View OriginalReply0

PuzzledScholar

· 01-09 04:50

The retail FOMO this time is fun, but it feels like the main players are quietly offloading, and the signal that the price is rising while open interest remains unchanged is too obvious.

View OriginalReply0

zkNoob

· 01-07 03:56

The inconsistency between price and volume is spot on; the main force hasn't moved at all, retail investors are just taking the bait. This wave might be a trap.

View OriginalReply0

NftRegretMachine

· 01-07 03:54

Price and volume are not aligned; this wave feels a bit hollow. Retail investors are buying in, but the main players remain silent. Can they not be nervous? Open Interest has only slightly increased, indicating that big players haven't really recognized this rally and are probably waiting to buy the dip. SoftBank and Toyota's endorsements sound appealing, but with 5 billion tokens waiting to be unlocked, the selling pressure afterward is really intense. Breaking through 0.0108 is what really counts; do you think it's about to take off now? I'm ready to buy at 0.0085. JASMY gives me the feeling of a good concept and a great story, but the circulation pressure is a trap that will be triggered sooner or later. Let's see if there are any new large orders coming in this week; otherwise, I think it might drop further.

View OriginalReply0

GasWaster

· 01-07 03:53

OI barely budged while price pumped 25%? classic retail FOMO setup lol, whales probably just waiting for that bridge fee window to dump their bags cleanly without tanking liquidity

Reply0

AirdropAnxiety

· 01-07 03:52

It's mainly retail investors taking the hit; the big players have already seen through it and are waiting to buy the dip.

View OriginalReply0

GasFeeNightmare

· 01-07 03:47

OI falling behind the price is unreasonable. This wave of retail investors is just helping the main players push the price up. When watching the market late at night, I felt something was a bit off.

View OriginalReply0

fomo_fighter

· 01-07 03:34

Retail investors are疯狂FOMO, while the main futures players are still watching the show. Can this wave last? --- OI has only increased a little, clearly no action from the main players, the spot market is just self-entertaining. --- SoftBank and Toyota backing sounds good, but a 50 billion token hanging overhead—that's the real trap. --- If it doesn't break through 0.0108, it'll slide back to 0.0085. Gamblers should see this clearly now. --- Price and volume are rising together, but OI isn't following. Isn't this a典型的散户接盘局? Wake up, everyone. --- The probability that the main players are distributing is so high, only true warriors dare to chase the high. --- The Internet of Things concept is good, but less than half of the circulation is unlocked. The unlocking pressure ahead is huge. --- 60% chance of突破? I think that probability might be exaggerated. It depends on whether the main players are truly building positions with real money. --- Spot market疯狂上涨 while futures remain冷淡. I've seen many such divergences; no good outcomes ahead.

View OriginalReply0