2026-01-21 14:24:52

【Market Rapid Movement Report】2026-01-21 21:59

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Today’s market saw quite a bit of fluctuation. Starting with the gains, CYS led the way, jumping from $0.4759 to $0.4958, a 4.18% increase. On the contract side, leverage is at 1.24x, with buying pressure at 0.64x, and a long-short ratio of 1.04, so the bulls still hold a slight advantage.

GPS followed closely, with a 2.92% increase, from 0.0072 to 0.00741. Interestingly, both spot and contract volumes are solid — spot at 1.46x, contracts at 1.28x, and the long-short ratio reaching 1.75, indicating strong selling pressure on the bears.

IRYS rose by 2.84%, from 0.045925 to 0.047231. However, in the order book for this coin, buy pressure is at 1.16x, while the long-short ratio is only 0.76, suggesting the bears are defending.

ICNT and SYRUP contributed 2.74% and 2.67% gains respectively, maintaining overall bullish sentiment.

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On the downside, caution is advised. FHE dropped the most, by -16.84%, from 0.1914 to 0.1591, and has been on the losing list consecutively, which could be a sign of a major trend starting. The order book buy pressure surged to 1.89x, with a long-short ratio of 0.50, indicating bears have completely overwhelmed the bulls.

XVS fell by 4.13%, with both spot and contract volumes very weak (0.14x and 0.28x respectively), and the order book pressure also remains low. 2Z, RARE, and HEI are also on the decline list, with drops between 3% and 4%.

HEI, despite falling 3.32%, shows an interesting high long-short ratio of 2.47, which could mean bulls are still building positions against the trend.

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Overall, today’s small-cap coins experienced significant volatility, with both gains and losses. However, trading depth varies, so it’s important to watch order book pressure and funding rates before trading.

CYS-1.1%

GPS10.6%

ICNT3.99%

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OnchainDetectiveBing

· 43m ago

FHE's decline is quite sharp, feels like we need to keep a close watch. GPS's long-short ratio of 1.75, this is a sign of takeoff, right? HEI's reverse data is interesting, are the bulls bottoming out? CYS's steady increase, but leverage volume is average. With such complex order book pressure, it's better to stay cautious.

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AirdropF5Bro

· 3h ago

FHE this drop is incredible, such a fierce sell-off, probably won't take off now GPS's long-short ratio of 1.75 is a bit aggressive, the bears are getting squeezed HEI's long-short ratio of 2.47 suggests reverse positioning? The logic is a bit confusing Small coins really started to surge today, but it's better to watch the order book before taking action XVS's trading volume is so weak, no wonder it dropped so badly CYS only increased by 4%, doesn't seem to have much to look at In this kind of market, you must keep an eye on the funding rate; you could get caught off guard HEI's reverse data is quite interesting, are the bulls really still bottom-fishing? FHE has been on the list consecutively with -16.84, this requires caution, brothers GPS spot and futures volumes are both decent, this is worth paying attention to

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GasFeeTears

· 3h ago

FHE dropped -16.84% this wave, that's quite fierce. Are the bears really unable to suppress it anymore? The GPS long-short ratio of 1.75 looks appealing; contrarian data is indeed easy to ambush. Small-cap coins are going crazy today, still need to keep a close eye on order book pressure before making a move. HEI keeps falling, yet the bulls are still building against the trend. Is this called conviction? Haha. CYS surged to 4.18%, leading the gains, but the buying pressure is only 0.64 times, which seems a bit fake. XVS's trading volume is so weak, it looks like no one cares anymore. Before entering now, I really need to ask myself honestly: is this depth enough for me to run away?

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RamenStacker

· 3h ago

FHE this dip feels like someone is dumping the market GPS's long-short ratio of 1.75 is a bit aggressive, shorts really can't hold on Small coins are jumping up and down today, still watch the order book before taking action CYS has risen nicely, but the trading volume is average, don't be fooled HEI's long-short ratio is unbelievable, are the bulls really bottom fishing? XVS's volume is painfully weak, indeed lacking momentum FHE continuously making the list, is this the start of a takeoff or the end? Still, as I said, if the order book pressure isn't good, don't touch it GPS's trend is interesting, both spot and futures are hot

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SellLowExpert

· 3h ago

FHE this wave -16.84% is probably a sign of takeoff, with a爆炸式压制 from the bears, there must be some tricks involved.

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ThreeHornBlasts

· 3h ago

FHE's decline is incredible, with an overwhelming victory for the bears. Be cautious. The long-short ratio of 1.75 for GPS is a bit aggressive; the bears are getting squeezed. HEI reverse data is interesting; the bulls are still holding on. XVS's trading volume is so weak, it doesn't seem promising. Small-cap coins have indeed been volatile today; order book pressure is the key. CYS steadily rising, with the bulls in the lead, feeling a bit comfortable. FHE is on the top list again; what are they planning to do? Coins with a high long-short ratio should be cautious, as reversals are likely. IRYS is defending against the bears; continuing to rise is a bit difficult. Today’s depth is uneven; trading is really challenging.

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