JASMY recently performed strongly, but risks are also accumulating. This altcoin recently broke through a two-month high, soaring from $0.0074 to $0.01, a 35.14% increase, with an 814% single-day surge on January 9. The main drivers behind this are active futures market operations and the influx of short-term buying.

However, the concerns behind the highlights warrant caution. From a technical perspective, recent hourly charts show that the 7-period EMA has crossed below the 25-period EMA, and the MACD has also shown bearish signals, indicating that the price may enter a downtrend. The bearish crossover of the stochastic RSI is also warning — profit-taking pressure is rising, and the high leverage in futures amplifies this risk.

More notably, the capital flow is worth paying attention to. In the past 24 hours, JASMY experienced net capital outflows, indicating that capital outflows exceeded inflows. Such shifts in capital often precede price adjustments, making this a critical moment to watch.

In the long term, JasmyCoin indeed has a story — the project team plans to play a significant role in the decentralized finance ecosystem by 2028. But in the short term, the sustainability of this rally is questionable, and the risk of a sharp pullback is approaching.