币界网报道：Jito [JTO] has gained more than 12% in the past 24 hours, and its monthly gain is around 30% at press time. This sudden rise is due to a sharp rise in spot and derivatives interest, partly due to a strategic capital injection from Solana’s internal ecosystem fund. Let’s unpack the reasons behind this move. JTO Rises on Solana Reserve News The recent price surge is due to JTO’s inclusion in the Solana [SOL] Strategic Ecosystem Reserve (SER), a fund designed to support ecosystem-related projects. According to Solana’s official update, SER purchased 52,180 JTO tokens worth about $100,000 from the market. The inflow of funds marks strong support and reignites buying interest across various trading venues. Spot and Derivatives: Momentum Strengthens Across Liquidity At the time of writing, spot market participants have resumed JTO purchases after a brief one-day pause. A total of $245,000 worth of JTO has been snapped up — more than double the amount added to SER. Overall market volume surged more than 300% over the past day to $276 million. Historically, sharp increases in volume, along with sustained price gains, have been indicative of long-term gains, suggesting momentum is building. Likewise, derivatives markets have seen massive liquidity inflows, reaching new highs, according to CoinGlass. Meanwhile, JTO’s open interest (OI) surged to $81.7 million — the second-highest level ever. In November 2024, when OI reached $84.1 million, that was the only time it exceeded $80 million. Historical data shows that during this period, JTO’s price action reached a high of $4.338. If current OI levels hold, the altcoin could recapture previous highs. AMBCrypto also explores other market factors that could determine whether a rally is imminent. Is a breakout brewing? Technical indicators offer clearer insight into JTO’s short-term trajectory. One such indicator is the Moving Average Convergence Divergence (MACD), which helps identify momentum changes and potential breakouts. At press time, the MACD is on the verge of forming a bullish golden crossover – this occurs when the MACD line (blue) crosses above the signal line (orange). Historically, this pattern has foreshadowed significant price moves. Additionally, the Long-Short Power indicator – which shows whether buyers or sellers are dominating the market – indicates strong bullish activity. Buying pressure has increased sharply over the past 24 hours, pushing the Long-Short Power value to 0.286. If the upcoming bars continue to reflect this bullish pressure, the asset could move higher and extend its gains.