🚨 $EPIC 15-minute open interest surged 21.02% 👀
Hold on—first, let’s understand open interest 👇
Open interest is usually calculated separately for each contract. Here, we’re talking about open interest in Binance USDT-margined perpetual contracts, not the total across all platforms.
When open interest rises but spot buying doesn’t follow, the market often becomes more dependent on leverage. These moves can rise quickly, but they can also reverse just as fast.
Learning to read indicators isn’t difficult; the challenge is sticking to your plan even when the market gets really exciting.
Hold on—first, let’s understand open interest 👇
Open interest is usually calculated separately for each contract. Here, we’re talking about open interest in Binance USDT-margined perpetual contracts, not the total across all platforms.
When open interest rises but spot buying doesn’t follow, the market often becomes more dependent on leverage. These moves can rise quickly, but they can also reverse just as fast.
Learning to read indicators isn’t difficult; the challenge is sticking to your plan even when the market gets really exciting.