🗂️ Data snapshot: $ZEC ｜15-minute open interest +1.74%｜Price +1.22%
· What it is: Open interest and trading volume are two different metrics. Trading volume shows how much was traded during this period; open interest shows how many positions are still open right now.
· How to read it: Open interest baselines vary widely across coins. It’s not unusual for a smaller coin’s open interest to fluctuate by tens of percent over an hour or two, while swings of the same magnitude are much rarer for major coins.
With leveraged trading, first consider whether you can handle the worst-case outcome, then think about what the signal is telling you.
· What it is: Open interest and trading volume are two different metrics. Trading volume shows how much was traded during this period; open interest shows how many positions are still open right now.
· How to read it: Open interest baselines vary widely across coins. It’s not unusual for a smaller coin’s open interest to fluctuate by tens of percent over an hour or two, while swings of the same magnitude are much rarer for major coins.
With leveraged trading, first consider whether you can handle the worst-case outcome, then think about what the signal is telling you.