Here’s a light version: $DASH 15-minute contract open interest increased 17.45%; price during the same period -0.17%.
Open interest changed, but my position is still zero — I’m mainly a bystander.
A quick serious explanation: open interest is usually counted separately by trading pair. What’s shown here is Binance U-margined perpetual futures open interest, not the total across all platforms.
It’s not hard to understand the indicator; what’s hard is sticking to the plan when emotions are running very high.
Open interest changed, but my position is still zero — I’m mainly a bystander.
A quick serious explanation: open interest is usually counted separately by trading pair. What’s shown here is Binance U-margined perpetual futures open interest, not the total across all platforms.
It’s not hard to understand the indicator; what’s hard is sticking to the plan when emotions are running very high.