🐋 $ICNT 15-minute contract open interest increased by 2.5%; the price fell by 4.04% over the same period.
To see whether money is flowing into contracts, the most direct indicator is open interest—but you need to know how to read it.
Open interest and trading volume are two different things: trading volume shows how much has changed hands over a period, while open interest shows how many positions are still open right now.
The higher the open interest, the more significantly contract positions can drive prices. A sharp move may trigger a cascade of liquidations.
Learning to read indicators isn’t hard. The hard part is sticking to your plan when the market is at its most extreme.
To see whether money is flowing into contracts, the most direct indicator is open interest—but you need to know how to read it.
Open interest and trading volume are two different things: trading volume shows how much has changed hands over a period, while open interest shows how many positions are still open right now.
The higher the open interest, the more significantly contract positions can drive prices. A sharp move may trigger a cascade of liquidations.
Learning to read indicators isn’t hard. The hard part is sticking to your plan when the market is at its most extreme.