$BTW contract 24-hour data:
① Open interest value: $117 million
② Change in open interest: -21.45%
③ Price change: +13.01%
④ Divergence: open interest down, price up
Overall: The rise is likely driven mostly by short covering. For now, there are no signs of significant new long positions entering.
① Open interest value: $117 million
② Change in open interest: -21.45%
③ Price change: +13.01%
④ Divergence: open interest down, price up
Overall: The rise is likely driven mostly by short covering. For now, there are no signs of significant new long positions entering.