Market Notes｜$WAL ｜15-minute position size +3.81%｜Price -1.77%
First, a definition: position value = position quantity × price. If the price rises, the value rises too; comparing the number of coins makes it easier to tell whether new positions have actually been opened.
A common way to read this: when open interest changes rapidly over a short period, it means traders are opening or closing positions in large numbers, and volatility often increases afterward.
Learning to read indicators is easy. The hard part is sticking to your plan when the market is at its most emotional.
#WAL
First, a definition: position value = position quantity × price. If the price rises, the value rises too; comparing the number of coins makes it easier to tell whether new positions have actually been opened.
A common way to read this: when open interest changes rapidly over a short period, it means traders are opening or closing positions in large numbers, and volatility often increases afterward.
Learning to read indicators is easy. The hard part is sticking to your plan when the market is at its most emotional.
#WAL