$Lobster | 1-hour open interest +8.32% | Price -7.86%
Before looking at positions, first understand open interest.
Open interest is generally tracked separately for each contract. Here, it refers to open interest in Binance USDT-margined perpetual contracts, not the total across the entire market.
When open interest rises but spot trading volume doesn't keep up, price action tends to be driven more by contract market flows. These moves often rise fast—and fall just as fast.
Understanding indicators is easy. The hard part is sticking to your rules when emotions are running high.
#龙虾
Before looking at positions, first understand open interest.
Open interest is generally tracked separately for each contract. Here, it refers to open interest in Binance USDT-margined perpetual contracts, not the total across the entire market.
When open interest rises but spot trading volume doesn't keep up, price action tends to be driven more by contract market flows. These moves often rise fast—and fall just as fast.
Understanding indicators is easy. The hard part is sticking to your rules when emotions are running high.
#龙虾