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89% of futures traders are liquidated in their first month. Here is what the 11% do differently. When I first started, I chased every candle, thinking price action was the only truth. I ignored Open Interest, and that blind spot cost me my $5,400 tuition. Open Interest is simply the total number of outstanding derivative contracts that have not been settled. It is the fuel tank of the market. When you see $BTC trending upward while OI is rising, it tells you that new money is entering the market to support that move. It is a healthy, sustainable trend driven by fresh capital. However, when $BTC pumps and OI drops, you are witnessing a short squeeze or a rally fueled by profit-taking. That is a red flag.

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