$CTK 15-minute open interest increased by 5.22%, while the price rose 2.17%.
When open interest swings sharply, it’s worth watching the funding rate too. If it’s heavily skewed in one direction, beware of a shakeout in the opposite direction.
I don’t predict tops or bottoms; I just respond to the signals given by price.
When open interest swings sharply, it’s worth watching the funding rate too. If it’s heavily skewed in one direction, beware of a shakeout in the opposite direction.
I don’t predict tops or bottoms; I just respond to the signals given by price.