Today’s market watch ramble: $RSR 15-minute contract open interest rose 2.54%; at the same time, price fell 1.12%.
Open interest moved, but my position is still 0, so I’m just a spectator.
A quick serious explainer: position value = position size × price. When price rises, it grows along with it; comparing by coin quantity can better show whether there has really been adding to positions.
It’s more reliable to compare several indicators against each other than to look at just one, but even with more signals, there still isn’t a definite answer.
#RSR
Open interest moved, but my position is still 0, so I’m just a spectator.
A quick serious explainer: position value = position size × price. When price rises, it grows along with it; comparing by coin quantity can better show whether there has really been adding to positions.
It’s more reliable to compare several indicators against each other than to look at just one, but even with more signals, there still isn’t a definite answer.
#RSR