In the first few days of 2026, JASMY has become the market focus. This small coin has skyrocketed—from $0.0074 directly to $0.01, recovering all the declines from November and December of last year in just a few days. A 12% daily increase isn't much, but the key is that its market cap has re-entered the top 100, and trading volume is even more astonishing, soaring by 375%.

The futures market is even more crazy. Derivatives trading volume hit a new high, with trading volume skyrocketing by 1134%, and open interest surged by 87%. It sounds like a classic bullish futures market—leverage capital and hedge funds are all in, and trading activity is approaching the ceiling. But there's a problem: while futures volume explodes, selling pressure on the spot side is also starting to accumulate. The risk of a short-term correction is indeed rising.

From a technical perspective, the stochastic RSI has already surged into the overbought zone, and a bearish signal has clearly appeared. What does this mean? Whether JASMY can hold the $0.01 level or even push toward $0.011 depends now on which side—bulls or bears—can dominate the market rhythm. Short-term fluctuations are definitely still possible, but based on the data heat, the market is indeed paying close attention to this asset.