Follow the futures flows | $Lobster
Futures positions are piling up (24-hour open interest is up 18.71%), while the price has fallen 38.25%.
Open interest currently stands at $12.48 million. Positions keep building: if the price continues to fall, long stop-losses could accelerate the decline; if it rebounds, forced covering could also accelerate the rally.
Futures positions are piling up (24-hour open interest is up 18.71%), while the price has fallen 38.25%.
Open interest currently stands at $12.48 million. Positions keep building: if the price continues to fall, long stop-losses could accelerate the decline; if it rebounds, forced covering could also accelerate the rally.