Looking only at price can mean missing a lot of information. $ERA 1-hour open interest is up 8.15%, while price is up 4.43%. Taken together:
Open interest up, price up: new longs are entering.
If open interest keeps building, watch to see whether the funding rate rises too. What leverage do you usually use?
#ERA
Data is for reference only. Please make your own decisions.
Open interest up, price up: new longs are entering.
If open interest keeps building, watch to see whether the funding rate rises too. What leverage do you usually use?
#ERA
Data is for reference only. Please make your own decisions.