Straight to the point: while checking futures data today, I noticed $WAL : open interest is up 6.05% over 15 minutes, now at $13.01 million.
The price is rising in tandem (+4.34%), which looks like new long positions are being added. I usually check the funding rate next; as long as it isn’t overheated, this move seems healthy.
What indicators do you usually watch?
#WAL
The price is rising in tandem (+4.34%), which looks like new long positions are being added. I usually check the funding rate next; as long as it isn’t overheated, this move seems healthy.
What indicators do you usually watch?
#WAL