JasmyCoin (JASMY) price prediction: after a weekly rise of 27%, it continues to soar by 12%! Derivation frenzy meets Spot sell pressure, Bull vs Bear Battle intensifies.

After experiencing a strong rebound of 27% last week, JasmyCoin (JASMY) has recently risen another 12%, continuing its upward trend. This increase coincides with a broad rally in the Meme coin zone (weekly increase of 12%). However, on-chain data shows that there has been a net outflow of over $2.3 million in JASMY from spot exchanges in the past 72 hours, indicating a willingness among some holders to take profits, which may suppress the upward momentum. Meanwhile, enthusiasm in the derivatives market is high: open interest (OI) surged by $6.46 million (an increase of 14%) within 24 hours, reaching $46.1 million; the weighted funding rate for open positions turned positive at 0.0143, indicating a strong return of leveraged long positions. Market sentiment indicators show that 87% of participants are bullish. If the momentum in the Meme zone continues and the selling pressure in the spot market eases, JASMY is likely to maintain its upward trend; however, caution is needed regarding continued selling in the spot market that could trigger high leverage long position liquidations.

JASMY rises strongly, the Meme zone's overall rise provides support After recording an astonishing 27% rise last week, Japan's Internet of Things concept coin JasmyCoin (JASMY) has risen another 12% in recent trading sessions, continuing its upward trend. This round of increase is in line with the broader performance of the Meme coin zone, which has seen an overall growth rate of 12% over the past seven days, indicating healthy capital inflow into this sector. During this period, JASMY achieved the strongest performance of the month, with its rise partially benefiting from the overall momentum of the Meme coin zone. If the Meme coin market can maintain its current pace, selected tokens like JASMY may continue to benefit.

Derivation Frenzy: OI Surge, Funding Rate Turns Positive, Leverage Long Positions Return

(Source: CoinGlass) The JASMY derivation market is showing strong momentum. After a brief period dominated by bears, the open interest weighted funding rate (OI-Weighted Funding Rate) has turned positive, reaching 0.0143% at the time of writing. This shift reflects a re-influx of capital into the derivation market, indicating that trader confidence is strengthening. At the same time, CoinGlass data shows that as of the time of writing, the open interest (Open Interest, OI) for JASMY has increased by 6.46 million USD in the past 24 hours, representing an increase of 14%, bringing the total OI to 46.1 million USD. Such capital inflows usually reinforce bullish sentiment, especially when the overall momentum of the zone has not diminished.

Market sentiment is high, with 87% of participants bullish

(Source: Artemis) The vast majority of market participants still expect prices to rise. According to CoinMarketCap, the bullish sentiment index of the community is as high as 87% at the time of writing. When most investors hold an optimistic attitude, they are often willing to invest funds according to their expectations. If this bullish sentiment can be maintained, JASMY is expected to continue its rise, and the possibility of initiating another upward trend is very high.

Spot selling pressure emerges: Net outflow exceeds $2.3 million in 72 hours

(Source: CoinGlass) Not all signals point to a rise. Spot Exchange Netflow ( data shows that over the past 72 hours, JASMY valued at more than $2.3 million has been sold (net outflow), indicating that the confidence of some coin holders is relatively weak, and there is profit-taking behavior. It is important to be cautious that if this spot dumping continues, it may erode the price rise and exert strong liquidation pressure on high-leverage long positions. Conversely, if the net flow direction shifts back to inflow, it may strengthen the bullish rationale and keep the probability of JASMY rising again high.

Conclusion The current rise of JASMY is supported by the return of leveraged funds in the derivate market and the overall prosperity of the Meme zone, with market sentiment being highly bullish. However, the profit-taking behavior in the spot market poses a potential headwind. Future trends will depend on the sustainability of the Meme zone's momentum, whether spot selling pressure can ease, and the stability of high-leverage positions. If spot dumping intensifies, it may trigger a chain liquidation, leading to a price correction; conversely, if funds continue to flow in and the zone's popularity remains high, JASMY may maintain its strength. Investors should closely monitor data changes in both the spot and derivate markets and manage risks effectively. (Note: Meme coins and altcoins are highly volatile, and leveraged trading carries extremely high risks; please carefully assess your own risk tolerance and be aware of zone rotation risks.)