$ZK Open interest increased 9.02% over 15 minutes, while the price rose 2.61%.
When open interest moves unusually, funding rates are also worth watching. If the rate is too extreme, beware of liquidations in the opposite direction.
Wait for the candlestick to close before making a judgment; don’t take an intraday spike at face value.
This article is for informational purposes only and does not constitute investment advice.
When open interest moves unusually, funding rates are also worth watching. If the rate is too extreme, beware of liquidations in the opposite direction.
Wait for the candlestick to close before making a judgment; don’t take an intraday spike at face value.
This article is for informational purposes only and does not constitute investment advice.