Q: $KAIA 24-hour open interest increased by 13.86%, while the price is up 1.2%. What does that mean?
A: Money is coming in, but the price hasn’t picked a direction. Both bulls and bears are building positions. The longer the tug-of-war lasts, the bigger the subsequent move may be—but its direction is impossible to predict.
#KAIA
Just my personal opinion; I may not be right. Please consider it rationally.
A: Money is coming in, but the price hasn’t picked a direction. Both bulls and bears are building positions. The longer the tug-of-war lasts, the bigger the subsequent move may be—but its direction is impossible to predict.
#KAIA
Just my personal opinion; I may not be right. Please consider it rationally.