⚡️Open interest down, price up⚡️ Something’s up with the $BTW contract!
Open interest is down 21.45% over the past 24 hours, while the price is up 13.01%. Current price: 1.9774.
Looks like the shorts couldn’t hold on and are closing their positions, pushing the price up! But this looks more like a short squeeze—fresh capital will need to step in to keep the momentum going!
Open interest is down 21.45% over the past 24 hours, while the price is up 13.01%. Current price: 1.9774.
Looks like the shorts couldn’t hold on and are closing their positions, pushing the price up! But this looks more like a short squeeze—fresh capital will need to step in to keep the momentum going!