$US Contract 24-hour data:
① Open interest value: $11.32 million
② Change in open interest: +48.07%
③ Price change: -33.63%
④ Divergence type: Rising open interest, falling price
Taken together, it looks like new short positions are pushing the price down. The more crowded the short side gets, the higher the risk of a rebound.
#US
① Open interest value: $11.32 million
② Change in open interest: +48.07%
③ Price change: -33.63%
④ Divergence type: Rising open interest, falling price
Taken together, it looks like new short positions are pushing the price down. The more crowded the short side gets, the higher the risk of a rebound.
#US