$STRK 1-hour open interest rose 6.59%, while the price increased 1.87%.
Leveraged funds move in quickly and often leave just as fast. When a rally is driven by rising open interest, its staying power is questionable.
Price and volume need to confirm each other for the move to be meaningful; a single candlestick anomaly doesn't tell us much.
#STRK
Crypto markets are volatile, so don't take on too large a position.
Leveraged funds move in quickly and often leave just as fast. When a rally is driven by rising open interest, its staying power is questionable.
Price and volume need to confirm each other for the move to be meaningful; a single candlestick anomaly doesn't tell us much.
#STRK
Crypto markets are volatile, so don't take on too large a position.