🔢 Latest data: $IMX ｜15-minute open interest +27.62%｜price -23.6%
· Definition: Open interest reflects the size of positions in contracts: the higher the open interest, the more positions may be liquidated when prices fluctuate sharply.
· Common interpretation: Rising prices with increasing open interest are often seen as longs actively entering the market; falling prices with increasing open interest are often seen as new shorts actively entering the market.
Before trading with leverage, first work out whether you can withstand the worst-case scenario, then see what the indicators say.
· Definition: Open interest reflects the size of positions in contracts: the higher the open interest, the more positions may be liquidated when prices fluctuate sharply.
· Common interpretation: Rising prices with increasing open interest are often seen as longs actively entering the market; falling prices with increasing open interest are often seen as new shorts actively entering the market.
Before trading with leverage, first work out whether you can withstand the worst-case scenario, then see what the indicators say.
