$CTK 15-minute futures open interest increased by 13.03%, with the value of open positions at approximately $2.28 million; over the same period, the price rose 5.77%.
Guys, what is open interest? Here's the short versionš
When both buyers and sellers open new positions, open interest rises; when both sides close positions, it falls; when one side opens positions while the other closes, open interest stays the same.
When open interest rises but spot buying doesn't follow, the market tends to rely more on futures capital. These moves often come fastāand go just as fast.
Learning to read indicators isn't hard. The hard part is sticking to your rules when the market gets emotional.
#CTK
Guys, what is open interest? Here's the short versionš
When both buyers and sellers open new positions, open interest rises; when both sides close positions, it falls; when one side opens positions while the other closes, open interest stays the same.
When open interest rises but spot buying doesn't follow, the market tends to rely more on futures capital. These moves often come fastāand go just as fast.
Learning to read indicators isn't hard. The hard part is sticking to your rules when the market gets emotional.
#CTK