$KAIA 1 Hourly contract open interest rose 34.18%; the price rose 12.94% over the same period.
How is this figure calculated?
When both buyers and sellers open new positions, open interest increases; when both sides close positions, it decreases; when one side opens a position while the other closes one, open interest remains unchanged.
When the price barely moves but open interest rises significantly, it suggests both sides are placing bets. The likelihood of a larger move afterward is usually higher, though the direction is uncertain.
Don’t chase the market during its most volatile moment. Wait for the price to stabilize before deciding.
#KAIA
Personal notes, not investment advice.
How is this figure calculated?
When both buyers and sellers open new positions, open interest increases; when both sides close positions, it decreases; when one side opens a position while the other closes one, open interest remains unchanged.
When the price barely moves but open interest rises significantly, it suggests both sides are placing bets. The likelihood of a larger move afterward is usually higher, though the direction is uncertain.
Don’t chase the market during its most volatile moment. Wait for the price to stabilize before deciding.
#KAIA
Personal notes, not investment advice.