JASMY has increased by 15% in the past 24 hours, bringing the monthly increase to 62%, but derivative market data indicates signals of tension between selling and buying pressures.
Liquidity volume flowing into the derivative market has increased significantly, while the Long-Short ratio leans towards shorts, implying short-term correction risks for this token.
MAIN CONTENT
JASMY has increased by 15% in 24 hours, with Open Interest in derivatives rising by 14% to 56.86 million USD.
The Long-Short ratio indicates that 52% of contracts are short, reflecting dominant selling pressure.
However, the positive Funding Rate of 0.0131% still reflects medium-term bullish sentiment in the market.
JASMY is experiencing strong growth, but what are the signals from the derivative market?
Data from CoinGlass shows that JASMY attracted 8.42 million USD in new liquidity to the derivative market in the past 24 hours, bringing Open Interest to 56.86 million USD – a 14% increase compared to before. This is usually a positive sign when there is increasing participation from professional investors and traders expect significant volatility to continue.
The expansion of derivative positions also demonstrates confidence in the market's ability to continue significant volatility, despite the lack of a clear direction.
With selling pressure dominating, could JASMY face a correction?
The Long-to-Short ratio data from CoinGlass shows that 52% of derivative contracts are currently short positions, exceeding the 48% long positions. This indicates that selling pressure is heavier, although 9 out of 15 centralized exchanges still have buying volume exceeding selling.
This net selling volume indicates that traders expect JASMY's price to decrease in the short term. Additionally, investors in the spot market have sold about 2.86 million USD worth of JASMY, reinforcing the scenario that the upcoming correction may be deeper than expected.
Pressure from short positions along with net selling in the spot market signals that correction risks need careful consideration from investors.
Market analysis from TinTucBitcoin, 07/26/2025
Market sentiment remains positive; will JASMY continue its upward trend?
Despite the short-term pressure, JASMY's Funding Rate remains positive at 0.0131%, indicating that long position holders are paying a premium to shorts, a sign that a price increase is still forecasted in the medium term. The Open Interest Weighted Funding Rate also maintains a similarly positive level, reflecting strong participation and investor confidence in JASMY's price.
This indicates that JASMY may temporarily correct but is likely to continue its upward price momentum in the short and medium term.
The positive Funding Rate along with a sharp increase in Open Interest demonstrates the optimistic sentiment of investors towards JASMY.
Chief Strategy Officer of TinTucBitcoin, 07/26/2025
Frequently asked questions
How much has JASMY increased in the past month?
Over the past month, JASMY has increased by 62%, reflecting positive sentiment from the market and strong liquidity growth.
What is Open Interest and why is it important?
Open Interest is the total value of outstanding contracts; an increase indicates strong trader participation, serving as an important indicator of price volatility.
What does the Long-Short ratio reflect?
This ratio measures the buying and selling positions in the derivative market; a high ratio on the short side warns of potential increased downward pressure.
What does a positive Funding Rate mean?
A positive Funding Rate indicates that those holding long positions have to pay fees to shorts, implying that a price increase is being anticipated.
How does the volatility of spot volume affect things?
High spot selling volume could trigger short-term price corrections, affecting the current price trend.
Source: https://tintucbitcoin.com/jasmycoin-tang-15-suc-manh-duy-tri/
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