$RSR 15-minute contract open interest increased by 2.61%, with an open interest value of about $12.57 million; the price rose 2.56% over the same period.
Let's use this figure to talk about open interest.
Contract open interest represents the combined demand for speculation and hedging. Some positions are held solely to hedge spot exposure.
Open interest should be considered alongside price and funding rates; changes in open interest alone make it difficult to determine the market's direction.
Learning to read indicators is easy. The hard part is sticking to your plan when emotions are running highest.
Let's use this figure to talk about open interest.
Contract open interest represents the combined demand for speculation and hedging. Some positions are held solely to hedge spot exposure.
Open interest should be considered alongside price and funding rates; changes in open interest alone make it difficult to determine the market's direction.
Learning to read indicators is easy. The hard part is sticking to your plan when emotions are running highest.