🐋 $MAGIC Open interest increased by 5.88% over 15 minutes, with contract funds adding to their positions.
When open interest fluctuates sharply, keep an eye on the funding rate too. If the rate is heavily skewed in one direction, watch out for a reversal-driven shakeout.
#MAGIC
Crypto trading carries risks. Trade with caution.
When open interest fluctuates sharply, keep an eye on the funding rate too. If the rate is heavily skewed in one direction, watch out for a reversal-driven shakeout.
#MAGIC
Crypto trading carries risks. Trade with caution.