Q: What does it mean when open interest rises 13.86% over $KAIA 24 hours, while the price is up 1.2%?
A: Positions are coming in, but the price hasn’t made a move. Both bulls and bears are adding to their positions. The longer the tug-of-war lasts, the bigger the eventual move tends to be—but its direction is hard to predict.
#KAIA
Do your research before making a move.
A: Positions are coming in, but the price hasn’t made a move. Both bulls and bears are adding to their positions. The longer the tug-of-war lasts, the bigger the eventual move tends to be—but its direction is hard to predict.
#KAIA
Do your research before making a move.