My roommate saw me staring at the screen. “What’s up this time?”
“Nothing. $KAIA 24-hour contract open interest is up 13.86%, while the price is up 1.2%. Open interest is rising, but the price is moving sideways. I’m trying to figure it out.”
“Come to any conclusions?”
“Both longs and shorts are adding positions. The market might be about to make a move, but I can’t tell which way.”
“So, did you make any money?”
“No, I’m just analyzing. I’m still learning how to trade.”
DYOR. Trade rationally.
“Nothing. $KAIA 24-hour contract open interest is up 13.86%, while the price is up 1.2%. Open interest is rising, but the price is moving sideways. I’m trying to figure it out.”
“Come to any conclusions?”
“Both longs and shorts are adding positions. The market might be about to make a move, but I can’t tell which way.”
“So, did you make any money?”
“No, I’m just analyzing. I’m still learning how to trade.”
DYOR. Trade rationally.