❗️ $US 1-hour open interest surged 5.37% 👀
Take two seconds to understand open interest before making a move 👇
Open interest reflects the size of positions in contracts: the higher the open interest, the more positions may be liquidated if prices move sharply.
Cross-checking multiple data points is more reliable than looking at just one, but even multiple indicators can’t give you a definitive answer.
This is not investment advice. You are responsible for your own gains and losses.
Take two seconds to understand open interest before making a move 👇
Open interest reflects the size of positions in contracts: the higher the open interest, the more positions may be liquidated if prices move sharply.
Cross-checking multiple data points is more reliable than looking at just one, but even multiple indicators can’t give you a definitive answer.
This is not investment advice. You are responsible for your own gains and losses.