$RSR 1-hour futures open interest increased by 6.03%, with its value at approximately $14.34 million; price fell 1.5% over the same period.
To see most directly whether leveraged funds are entering or exiting, look at open interest—but it’s important to understand what the figure means.
Open interest value equals the number of contracts held multiplied by the price, so it rises when the price rises. Comparing the number of coins gives a clearer picture of whether positions are actually being added.
Learning to read indicators isn’t hard. The hard part is sticking to your plan when emotions are at their most extreme.
#RSR
To see most directly whether leveraged funds are entering or exiting, look at open interest—but it’s important to understand what the figure means.
Open interest value equals the number of contracts held multiplied by the price, so it rises when the price rises. Comparing the number of coins gives a clearer picture of whether positions are actually being added.
Learning to read indicators isn’t hard. The hard part is sticking to your plan when emotions are at their most extreme.
#RSR