【Market News Flash 2026-01-17 02:59】



In the past hour, the crypto market experienced mixed fortunes. On the gainers list, BIFI led with a 9.12% increase, rising from $171.1 to $186.7, with spot volume showing impressive performance at 1.68x. GLMR followed closely with a 5.19% rise, breaking through $0.0304, and although buying pressure was modest, volume surged 2.74 times.

FRAX also performed well with a 4.29% increase, with both spot and contract volumes remaining active (1.33x and 1.94x). However, the contract side saw some congestion among shorts, with funding rates dropping to -0.9067%, which warrants caution against liquidation risks. ICNT and ZAMA gained 4.07% and 3.16%, respectively, with ICNT showing bullish dominance, maintaining a relatively stable overall atmosphere.

On the downside, the market was less optimistic. SPORTFUN and COLLECT appeared consecutively on the losers list, dropping 5.61% and 4.79%, respectively—such consecutive declines often hint at brewing large market movements. BANK fell 4.69%, with contract buy pressure reaching 1.34x, indicating that the bulls appear somewhat fragile.

XMR's decline was particularly notable, with a 3.94% drop from $668.11 to $641.8. Interestingly, it also appeared on the losers list, with buy pressure on the contract order book reaching 2.44x—this number is quite alarming, indicating that short positions are heavily crowded, far exceeding other tokens. AIN, though with a smaller decline (-3.31%), saw contract volume spike to 7.00x, an abnormal fluctuation that warrants attention.

Overall, the market during this period showed clear segmentation, with major tokens under pressure to adjust and smaller tokens experiencing higher volatility. Long positions should be cautious about positioning, especially in assets with crowded shorts to avoid liquidation risks.
BIFI-1,27%
GLMR-10,92%
FRAX-3,58%
ICNT12,76%
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MetaMaximalistvip
· 1h ago
ngl the XMR short squeeze setup here is giving serious network effects breakdown vibes... 2.44x buy pressure on that orderbook is basically screaming that retail doesn't understand monero's actual utility proposition anymore
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AirdropCollectorvip
· 1h ago
BIFI's recent surge is quite fierce, but I still don't dare to touch coins with accumulated short positions. The 2.44x buy pressure on XMR is a bit terrifying; liquidation might really be coming. SPORTFUN and COLLECT appearing on the list consecutively? Feels like something's about to go wrong. FRAX with negative interest rates is still being longed by tough players; I don't dare to bet on it. With such large fluctuations in small coins, it's better to wait for a dip and look for opportunities on the decline list. When shorts are crowded, just wait to be crushed; this situation definitely needs to be guarded against. To go long, you need to choose your position carefully; at this pace, you could be liquidated at any time.
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MeltdownSurvivalistvip
· 13h ago
The fee burden on FRAX reaching -0.9067%, with such crowded shorts, a crash is inevitable. I dare not touch it. XMR buy pressure at 2.44x—what the heck? How many people need to be cleared out for a reversal? BIFI's rally this time is quite fierce; it depends on whether it can hold above $186. Small coins with such large fluctuations—I'd rather keep fishing for now. Coins that keep making the list often go wild next; better to observe first.
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PuzzledScholarvip
· 13h ago
BIFI's recent surge is quite fierce, with volume doubling to push it up aggressively. Beware of a potential dump. The 2.44x buy pressure on XMR is indeed intimidating, liquidation and liquidation crashes could happen at any time. FRAX with negative fees—are you still going long? That's just courting death. AIN's 7.00x volume—what's going on? Something's off. Are coins that keep making the top list really about to have a big move? Feels like signals to cut losses. In the past half hour of watching the market, small-cap coins are really volatile. Better to stay on the sidelines for safety. With so many bears crowded, should we try a contrarian move? GLMR's price has risen so much, with volume increasing 2.74 times. Is this the main force accumulating? SPORTFUN and COLLECT keep falling, it seems someone is clearing out their positions. When going long, look for good entry points, especially in such a divergent market—be careful of missing the opportunity.
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BackrowObservervip
· 13h ago
BIFI this wave is a bit fierce, directly pulling 9 points... but the short accumulation on XMR is so terrifying, it feels like something might happen. Just observing for now, waiting for the liquidation wave to pass. AIN's 7.00x volume is trying to scare whom? I just want to know if the continuous decline of SPORTFUN and COLLECT is really going to explode or just stay like this. FRAX short -0.9067% this fee... a bit imaginative. The contracts are indeed risky, longs are about to become unsustainable. Small-cap coins are this volatile, just watch it for entertainment.
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GigaBrainAnonvip
· 13h ago
BIFI this wave is quite fierce, soaring by 9 points directly XMR bears are so crowded it's a bit scary, watch out for a stampede FRAX's fees are really disastrous, liquidation risk is climbing rapidly Trading volume has skyrocketed to 7 times, is AIN about to have a major event? Small-cap coins are extremely volatile this wave, better to play it safe and watch BIFI eat the gains
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FlashLoanPhantomvip
· 13h ago
The crowding of FRAX shorts is really scary, it feels like a liquidation stampede could happen at any moment. XMR buying pressure 2.44x? That number is indeed a bit terrifying, no wonder it keeps appearing on the decline list. BIFI's recent surge is serious; spot volume of 1.68x combined with this rally suggests there might still be hope. AIN contract volume 7.00x is truly outrageous; such abnormal volatility usually isn't a good sign. I really avoid assets with crowded shorts; don't come looking for me during liquidation stampedes. Now, going long is all about positioning; being a little greedy can turn you into cannon fodder. SPORTFUN and COLLECT have been falling consecutively; it feels like a big move is brewing behind the scenes. This wave of divergence is so obvious—big coins are adjusting while small coins are jumping around wildly, it's a bit chaotic. XMR dropped from 668 to 641; the contract pressure makes it seem like the bulls are about to collapse. GLMR's gains are decent, with volume increasing 2.74 times—are we about to take off?
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SignatureDeniedvip
· 13h ago
BIFI's recent surge is quite fierce, just worried it might be a fleeting moment. XMR's short sellers are really crowded, it's scary. Let's wait and see if a liquidation wave comes. Be cautious of FRAX's negative fee rate; funds are fleeing. AIN's trading volume has skyrocketed 7 times, this rhythm is incredible. Smelling danger. SPORTFUN and COLLECT, which have been on the list consecutively, should we set up for a rebound?
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