📐 Data: $APR ｜15-minute open interest +9.69%｜Price -17.62%
· Meaning: Open interest is usually calculated separately for each trading pair. This refers to open interest in Binance USDⓈ-margined perpetual contracts, not the combined total across all platforms.
· How to read it: Rising prices with falling open interest are often viewed as being driven by shorts closing their positions; falling prices with falling open interest are generally understood as longs closing out. These are rules of thumb, not definitive conclusions.
Cross-checking multiple data points is more reliable than looking at just one, but even more indicators can't provide a definitive answer.
#APR
Personal notes only; not a recommendation to buy or sell.
· Meaning: Open interest is usually calculated separately for each trading pair. This refers to open interest in Binance USDⓈ-margined perpetual contracts, not the combined total across all platforms.
· How to read it: Rising prices with falling open interest are often viewed as being driven by shorts closing their positions; falling prices with falling open interest are generally understood as longs closing out. These are rules of thumb, not definitive conclusions.
Cross-checking multiple data points is more reliable than looking at just one, but even more indicators can't provide a definitive answer.
#APR
Personal notes only; not a recommendation to buy or sell.