$FET 24 hours +7.26%,同期 perpetual contracts open interest increased 10.29%.
Current price 0.24230, trading volume 22.92 million USDT.
Price and open positions rise together, indicating that the long side is still adding positions.
Exiting and opening a position in the opposite direction are two different things on the order book, but you can’t figure it out from the single metric of open positions.
The smoother the market is, the more I’ll lower my expectations a bit.
$FET #Market analysis
Current price 0.24230, trading volume 22.92 million USDT.
Price and open positions rise together, indicating that the long side is still adding positions.
Exiting and opening a position in the opposite direction are two different things on the order book, but you can’t figure it out from the single metric of open positions.
The smoother the market is, the more I’ll lower my expectations a bit.
$FET #Market analysis
