$NEAR 24 hours: -4.11%, while open interest in perpetual contracts fell 9.83% over the same period.
The current price is 4.872, with a trading volume of 259 million USDT. Open interest is declining—old positions are exiting, not new money coming in.
Which do you trust more: the price or the open interest? Different people will give different answers, and that’s what makes this worth watching. I usually don’t rush into trades in this kind of market. I wait for things to become clearer on their own.
$NEAR #Cryptocurrency
The current price is 4.872, with a trading volume of 259 million USDT. Open interest is declining—old positions are exiting, not new money coming in.
Which do you trust more: the price or the open interest? Different people will give different answers, and that’s what makes this worth watching. I usually don’t rush into trades in this kind of market. I wait for things to become clearer on their own.
$NEAR #Cryptocurrency