#dusk $DUSK @Dusk
The trader angle nobody should ignore
I’ve been looking at DUSK from a trading perspective too, and one thing stands out:
You can’t interpret the spot chart in isolation.
DUSK has an active derivatives market, and CoinGlass tracks futures volume, open interest, funding and liquidations for it. �
coinglass +1
That means a sharp move can be caused by leverage positioning, not necessarily a fundamental change in the project.
If price rises while open interest also jumps, I’d want to know whether traders are building leveraged longs.
Sometimes the chart tells a story.
The derivatives data tells you whether that story is crowded.
#dusk @Dusk
$ACE
$HEMI
Before trading a volatile altcoin, what do you check?
The trader angle nobody should ignore
I’ve been looking at DUSK from a trading perspective too, and one thing stands out:
You can’t interpret the spot chart in isolation.
DUSK has an active derivatives market, and CoinGlass tracks futures volume, open interest, funding and liquidations for it. �
coinglass +1
That means a sharp move can be caused by leverage positioning, not necessarily a fundamental change in the project.
If price rises while open interest also jumps, I’d want to know whether traders are building leveraged longs.
Sometimes the chart tells a story.
The derivatives data tells you whether that story is crowded.
#dusk @Dusk
$ACE
$HEMI
Before trading a volatile altcoin, what do you check?
A) Spot volume
67%
B) Open interest
0%
C) Funding
0%
D) All three
33%
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