Hi everyone, newbie 🧑🏫, I’ve been seeing $UNI dạo lately—everything seems so slow and sluggish. People think the app is frozen, right? Sometimes we only watch the price go up and down and forget about the “force” pushing behind it. That’s a common mistake!
Imagine the price as a scale, and the “force” is the number of people standing on the scale. In crypto, that “force” is Open Interest (OI) — the total value of all outstanding derivatives contracts. It tells you how much “real money” is actually betting on the direction of an asset. Like a party, OI is the number of guests showing up. 💡
So if $UNI is around $9.011 and the price ticks up, I need to check whether OI is also increasing. If OI rises 📈, that means new money is flowing in—“big players” are buying. That’s real buying pressure. On the other hand, if the price keeps rising but OI drops 📉, then it’s likely just short positions closing (short cover), and there’s no fresh money coming in. Be careful of that “turnaround.”
Right now, $UNI is hovering around $9.011, slightly below MA7 ($9.0284) and above MA25 ($8.9766). RSI is 49.1—no standout signal yet.
Imagine the price as a scale, and the “force” is the number of people standing on the scale. In crypto, that “force” is Open Interest (OI) — the total value of all outstanding derivatives contracts. It tells you how much “real money” is actually betting on the direction of an asset. Like a party, OI is the number of guests showing up. 💡
So if $UNI is around $9.011 and the price ticks up, I need to check whether OI is also increasing. If OI rises 📈, that means new money is flowing in—“big players” are buying. That’s real buying pressure. On the other hand, if the price keeps rising but OI drops 📉, then it’s likely just short positions closing (short cover), and there’s no fresh money coming in. Be careful of that “turnaround.”
Right now, $UNI is hovering around $9.011, slightly below MA7 ($9.0284) and above MA25 ($8.9766). RSI is 49.1—no standout signal yet.
