Metrics note｜$AKE ｜1-hour open interest +580.14%｜price +3.02%
First, the definition: An increase in open interest means new positions have been opened. A decrease means positions have been closed, whether voluntarily or through forced liquidation.
How to read it: If open interest rises but spot trading volume doesn’t follow, the market tends to rely more on futures capital. Moves like this often happen fast—and can reverse just as quickly.
Multiple indicators confirming one another is more reliable than looking at just one, but even a large number of indicators can’t provide a definite answer.
First, the definition: An increase in open interest means new positions have been opened. A decrease means positions have been closed, whether voluntarily or through forced liquidation.
How to read it: If open interest rises but spot trading volume doesn’t follow, the market tends to rely more on futures capital. Moves like this often happen fast—and can reverse just as quickly.
Multiple indicators confirming one another is more reliable than looking at just one, but even a large number of indicators can’t provide a definite answer.