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#JASMY Jasmy's recent trend indeed reflects the fierce momentum typical of early Bitcoin. This wave of main force's surge is not a gentle push but a true attack and defense battle.
Currently, the $0.01 level acts like a dividing line, with bulls and bears repeatedly tugging back and forth here. Even more interesting is that the futures contract open interest has skyrocketed several times in a short period, indicating that not only are major players sweeping spot positions on-site, but a large amount of leveraged funds are also aligning. If this momentum can hold until the close, the subsequent upward space could open new heights.
From the market chart, Jasmy has completely broken through the long-term downward channel that lasted for months. Such violent breakouts often signal a genuine trend reversal. The main force's tactics are also quite clear—rapidly pushing up to shed the cost basis, discouraging those wanting to buy low, and forcing the indecisive to chase high.
The minute chart shows a stepwise upward pattern, with each rally followed by sideways consolidation, giving a sense of strength and health. The $0.0093 level is an important short-term support; as long as it holds, the momentum remains intact.