$INJ Price up +4.2% in the past hour, OI +6.4%|Slightly bullish ↑
Previously bearish; during this hour the price and open interest moved in the same direction higher, so the bias is revised to slightly bullish. As price moves up, the total number of contracts is also increasing, indicating that more new contracts were added than positions were closed; however, OI cannot distinguish long vs. short, so it can only be treated as expansion of exposure, and cannot confirm that buy-side dominance is stronger.
Observe over the next two hours|Refer to the reference price and the verification time shown in the chart
Previously bearish; during this hour the price and open interest moved in the same direction higher, so the bias is revised to slightly bullish. As price moves up, the total number of contracts is also increasing, indicating that more new contracts were added than positions were closed; however, OI cannot distinguish long vs. short, so it can only be treated as expansion of exposure, and cannot confirm that buy-side dominance is stronger.
Observe over the next two hours|Refer to the reference price and the verification time shown in the chart
