2026-01-17 21:22:12

On January 18, 2026, early morning, the market experienced an extraordinary one-hour rally. The movements of several cryptocurrencies are worth noting, especially those that have been consistently listed, which may indicate the start of a new wave of market activity.

**In terms of gains, several highlights stand out:**

Led by STO, which surged 54.79% in a short period, rising from $0.0887 to $0.1373, with a difference of over $0.048. Such rapid increases are often accompanied by abnormal trading volumes—spot volume reaching 38.19 times and futures volume at 2.12 times. The order book shows a long-short ratio of 1.41 favoring the bulls, but caution is advised due to the risk of short squeeze from crowded shorts.

LISTA followed closely, with a 9.54% increase, from $0.1782 to $0.1952. Although this gain is less dramatic than STO’s, the spot volume is as high as 112 times, indicating very high market participation. The long-short ratio of 1.68 continues to favor the bulls, with stable funding rates.

RIVER, JUV, and HOME experienced more moderate gains of 2.86%, 2.52%, and 2.45%, respectively, but all maintained a bullish advantage.

**On the downside, gaming-related tokens are under pressure:**

RONIN and AXS suffered the largest declines, dropping 8.15% and 8.14%, respectively. RONIN fell from $0.1939 to $0.1781, and AXS from $2.051 to $1.884. These price fluctuations directly reflect shifts in market sentiment. Notably, RONIN’s long-short ratio remains at 1.71 (favoring longs), while AXS is suppressed to 0.76 by the bears.

SLP continued its weakness, declining 6.27%, from $0.001052 to $0.000986. Volatility in such low-priced tokens is often intense, so investors should exercise caution.

TANSSI and STABLE declined by 6.05% and 4.62%, respectively, with STABLE showing a clear bearish bias (long-short ratio of 0.69), indicating selling pressure.

**Market logic behind this:**

Overall, this one-hour market shows clear differentiation—some tokens are driven by capital inflows, with active spot and futures volumes, suggesting the potential for a major trend to start. However, risks must also be considered, especially for tokens with extreme long-short ratios, where liquidation risks are amplified. Trading volume multiples serve as important indicators of participation levels; combined with price movements, they help better understand the true market engagement.

STO37.99%

LISTA-1.58%

JUV-3.93%

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MEVictim

· 11h ago

The STO surge is crazy, 54 points... spot volume is 38 times, the liquidation risk must be quite high. Listing follow-up is good, 112 times volume is an astronomical number, in this kind of market, missing out is scary. Game tokens are collectively breaking down, RONIN AXS are also dropping, it seems funds are reallocating. But with this one-hour market, how can anyone dare to chase... the extreme long-short ratio will probably cause a lot of screaming later. Volume can't lie, participation is indeed abnormal, but why is the risk so high?

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EyeOfTheTokenStorm

· 11h ago

STO this wave directly 54%, my quantitative model warned flashing half an hour ago, spot volume 112 times, it looks like the market maker is throwing smoke screens, such a high liquidation risk, do you really dare to get in? Wait, LISTA is actually more stable, with a long-short ratio of 1.68 but a moderate increase. Based on historical data, this is the real bottom breakout signal... Game coins are collapsing across the board? AXS is directly suppressed to 0.76, which indicates that the market structure has fundamentally changed. It’s a bit dangerous to try to use 2024 logic to do T now, brothers. This one-hour market divergence is so obvious, is it the eve of a big trend or a trap to lure shorts? Honestly, I’m a bit unsure right now... STO is too small in size, spot 38 times, this data looks like an IQ tax. I advise everyone not to be fooled by short-term surges.

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BlockchainBrokenPromise

· 11h ago

This wave of STO's surge is truly incredible, soaring 54.79% in one hour... However, I'm a bit hesitant about the such exaggerated volume multiples, as liquidation risk could hit at any moment.

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GweiObserver

· 12h ago

This move by STO is indeed fierce, with a 54-point surge, but the 38x volume is a bit scary. The 112x volume of LISTA is truly crazy; the engagement level is incredible. Game tokens are still taking a hit, and the declines in RONIN and AXS are quite sharp. The liquidation risk definitely needs to be watched; with such extreme long-short ratios, a correction is bound to happen sooner or later.

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ForeverBuyingDips

· 12h ago

The 54% surge in STO this time, I feel like someone is trying to buy in, with such exaggerated volume multiples. LISTA's 112x spot volume is truly impressive, the participation rate is also too outrageous. Game tokens are all falling, luckily I didn't touch AXS. The liquidation risk is correctly pointed out; the extreme long-short ratio really requires caution. There was indeed a major market signal in this hour after midnight, but those who dared to rush in at this time are really bold. Could this rebound again be a reverse dump? The long-short ratio looks a bit fake. I never touch low-priced coins like SLP, it's too easy to be shaken out. The analysis approach combining volume multiples and price is good, but practical operation still depends on the order book. Is it still okay to jump on LISTA now? Feels a bit late. STO's huge surge this time, I always feel something's off.

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