Indicator Notes｜$WAL ｜15-minute open interest +24.37%｜Price +11.35%
Definition: When both buyers and sellers open new positions, open interest increases; when both sides close positions, it decreases; when one side opens a position and the other closes one, open interest remains unchanged.
How to read it: The higher the open interest, the more influence contract positions have on price. A sudden sharp rise or drop can trigger a cascade of liquidations.
Before using leverage, first consider whether you can handle the worst-case scenario, then think about what the signals are saying.
#WAL
Whether to buy is up to you; this is just a record.
Definition: When both buyers and sellers open new positions, open interest increases; when both sides close positions, it decreases; when one side opens a position and the other closes one, open interest remains unchanged.
How to read it: The higher the open interest, the more influence contract positions have on price. A sudden sharp rise or drop can trigger a cascade of liquidations.
Before using leverage, first consider whether you can handle the worst-case scenario, then think about what the signals are saying.
#WAL
Whether to buy is up to you; this is just a record.