Today's crypto market routine: $DUSK 15-minute futures open interest rose 4.02%; the price increased by 4.74% over the same period.
Open interest changed, but my position is still 0—I’m just watching from the sidelines.
A quick educational note: when both buyers and sellers open new positions, open interest rises; when both sides close positions, it falls; when one side opens a position while the other closes one, open interest remains unchanged.
All the data summarizes price movements that have already happened. The market could just as easily move in the opposite direction.
#DUSK
Open interest changed, but my position is still 0—I’m just watching from the sidelines.
A quick educational note: when both buyers and sellers open new positions, open interest rises; when both sides close positions, it falls; when one side opens a position while the other closes one, open interest remains unchanged.
All the data summarizes price movements that have already happened. The market could just as easily move in the opposite direction.
#DUSK