📌 Data: $BLUR ｜15-minute open interest +6.36%｜Price +17.75%
· What it is: Open interest reflects the overall size of outstanding contract positions. The higher the open interest, the more positions may be liquidated when prices move sharply.
· How to read it: Rising prices and rising open interest are often interpreted as longs actively entering the market; falling prices and rising open interest are often seen as shorts actively entering.
All data only summarizes past market activity. The market can move in the opposite direction at any time.
· What it is: Open interest reflects the overall size of outstanding contract positions. The higher the open interest, the more positions may be liquidated when prices move sharply.
· How to read it: Rising prices and rising open interest are often interpreted as longs actively entering the market; falling prices and rising open interest are often seen as shorts actively entering.
All data only summarizes past market activity. The market can move in the opposite direction at any time.