Over the past 24 hours, $Lobster has seen open interest rise while its price has fallen.
My understanding is that rising open interest and falling prices look more like newly opened short positions pushing the price down.
If positions are measured in contracts, price movements themselves won’t change their size. With high leverage, even a small swing can be hard to withstand.
Just my personal opinion, not investment advice.
My understanding is that rising open interest and falling prices look more like newly opened short positions pushing the price down.
If positions are measured in contracts, price movements themselves won’t change their size. With high leverage, even a small swing can be hard to withstand.
Just my personal opinion, not investment advice.