🔍 Data snapshot: $STRK ｜1-hour open interest +6.59%｜Price +1.87%
· What it means: Every increase in open interest means there are both longs and shorts, so “rising open interest is bullish” is a common misconception.
· How to read it: It’s best to look at open interest alongside price and funding rates. Open interest changes alone make it hard to tell whether the market is leaning long or short.
Leave plenty of room in your futures positions—don’t let a single wick force you out.
#STRK
Beware of risks and do your own research.
· What it means: Every increase in open interest means there are both longs and shorts, so “rising open interest is bullish” is a common misconception.
· How to read it: It’s best to look at open interest alongside price and funding rates. Open interest changes alone make it hard to tell whether the market is leaning long or short.
Leave plenty of room in your futures positions—don’t let a single wick force you out.
#STRK
Beware of risks and do your own research.