Technical notes | $WAL | 15-minute open interest +45.86% | Price +13.43%
First, the definition: position value = number of coins held × price, so it increases as the price rises. Comparing the number of coins held makes it easier to see whether positions have actually been increased.
How to read it: when open interest rises but spot trading volume doesn’t keep up, the rally is often more reliant on futures capital. Moves like this can rise quickly, but often fall just as quickly.
Understanding indicators isn’t hard; the hard part is sticking to your plan even when the market is at its most extreme.
#WAL
Just my personal opinion—don’t take it too seriously.
First, the definition: position value = number of coins held × price, so it increases as the price rises. Comparing the number of coins held makes it easier to see whether positions have actually been increased.
How to read it: when open interest rises but spot trading volume doesn’t keep up, the rally is often more reliant on futures capital. Moves like this can rise quickly, but often fall just as quickly.
Understanding indicators isn’t hard; the hard part is sticking to your plan even when the market is at its most extreme.
#WAL
Just my personal opinion—don’t take it too seriously.