Market Notes｜$CKB ｜15-minute open interest +2.74%｜Price +1.47%
Definition: Open interest is not the same as capital flows. An increase in open interest only means more positions are being held in contracts; it cannot tell you where the money came from or whether it is bullish or bearish.
How to read it: When open interest rises but spot buying doesn’t follow, the rally is often driven mainly by money in the derivatives market. Moves like this can rise quickly—and often fall just as quickly.
Sizing your order based on where you place your stop-loss is far more reliable than guessing.
#CKB
My views could be wrong at any time. Trade at your own risk.
Definition: Open interest is not the same as capital flows. An increase in open interest only means more positions are being held in contracts; it cannot tell you where the money came from or whether it is bullish or bearish.
How to read it: When open interest rises but spot buying doesn’t follow, the rally is often driven mainly by money in the derivatives market. Moves like this can rise quickly—and often fall just as quickly.
Sizing your order based on where you place your stop-loss is far more reliable than guessing.
#CKB
My views could be wrong at any time. Trade at your own risk.