Open interest over $CTK 1 hours increased by 28.69%, while the price fell by 9.5%.
The more positions pile up, the larger the swings caused by liquidations once the market picks a direction.
Volume and price moving in sync is more convincing; an unusual move in a single candlestick doesn’t tell us much.
The more positions pile up, the larger the swings caused by liquidations once the market picks a direction.
Volume and price moving in sync is more convincing; an unusual move in a single candlestick doesn’t tell us much.