Open Interest Decoded — Reading the market's true intent
OI = open contracts not yet settled. Not volume, not price.
4 combos tell the story:
• Price ↑ + OI ↑ → New money entering (leverage expansion)
• Price ↓ + OI ↓ → Closing positions (unwind)
• Price ↑ + OI ↓ → Short squeeze (shorts covering)
• Price ↓ + OI ↑ → New shorts piling in
Layer with context:
• Funding rate: positive = longs pay shorts (bullish bias)
• Volume: confirms conviction
• Liquidations: reveal forced exits
• Basis: spot vs futures premium
Live BTC snapshot:
Price: $80,030 (+0.30% 24h)
Volume: 8,441 BTC ($674M)
Open Interest: 106,074 BTC
OI rising with price = fresh longs. Watch funding for crowding.
#BinanceAngels #OpenInterest
OI = open contracts not yet settled. Not volume, not price.
4 combos tell the story:
• Price ↑ + OI ↑ → New money entering (leverage expansion)
• Price ↓ + OI ↓ → Closing positions (unwind)
• Price ↑ + OI ↓ → Short squeeze (shorts covering)
• Price ↓ + OI ↑ → New shorts piling in
Layer with context:
• Funding rate: positive = longs pay shorts (bullish bias)
• Volume: confirms conviction
• Liquidations: reveal forced exits
• Basis: spot vs futures premium
Live BTC snapshot:
Price: $80,030 (+0.30% 24h)
Volume: 8,441 BTC ($674M)
Open Interest: 106,074 BTC
OI rising with price = fresh longs. Watch funding for crowding.
#BinanceAngels #OpenInterest
