Just making a note, October 14, 06:29:
$BTW Open interest is down, while the price is up. Over the past 24 hours, open interest is down 21.45% and the price is up 13.01%. Total contract value is about $117 million.
My usual approach: when open interest falls and the price rises, I don’t chase the rally. I wait for open interest to start increasing again—that often means new money is willing to enter the market.
I’ll come back later and check how things are moving.
#BTW
$BTW Open interest is down, while the price is up. Over the past 24 hours, open interest is down 21.45% and the price is up 13.01%. Total contract value is about $117 million.
My usual approach: when open interest falls and the price rises, I don’t chase the rally. I wait for open interest to start increasing again—that often means new money is willing to enter the market.
I’ll come back later and check how things are moving.
#BTW