Looking at price alone can make you miss half the picture. $AEVO 15-minute open interest is up 23.63%, while price is up 8.39%. Viewed together:
Open interest up, price up: new longs are entering.
If open interest keeps piling up, watch whether funding rates are rising in tandem. Who do you think will crack first next—the bulls or the bears?
#AEVO
This article is for informational purposes only and is not investment advice.
Open interest up, price up: new longs are entering.
If open interest keeps piling up, watch whether funding rates are rising in tandem. Who do you think will crack first next—the bulls or the bears?
#AEVO
This article is for informational purposes only and is not investment advice.