Indicator Notes | $CAP | 1-hour open interest +13.75% | Price +22.36%
Definition: Open interest in futures combines speculative and hedging demand; some positions are held solely to hedge spot exposure.
How to read it: Rising prices with rising open interest are often interpreted as new longs actively entering the market, while falling prices with rising open interest are often seen as shorts actively entering.
Before using leverage, first work out whether you can withstand the worst-case scenario, then consider what the signal is saying.
Definition: Open interest in futures combines speculative and hedging demand; some positions are held solely to hedge spot exposure.
How to read it: Rising prices with rising open interest are often interpreted as new longs actively entering the market, while falling prices with rising open interest are often seen as shorts actively entering.
Before using leverage, first work out whether you can withstand the worst-case scenario, then consider what the signal is saying.