Honestly, while checking the futures data just now, I noticed $MET : 15-minute open interest is up 8.33%, now at $7.04 million.
The price is rising too (+7.04%), which looks like new longs adding to their positions. I usually check the funding rate next; if it’s still normal, this move looks healthy.
Saving this to compare later.
The data is from public sources. Please do your own research (DYOR).
The price is rising too (+7.04%), which looks like new longs adding to their positions. I usually check the funding rate next; if it’s still normal, this move looks healthy.
Saving this to compare later.
The data is from public sources. Please do your own research (DYOR).