Technical Notes｜$APR ｜1-hour Open Interest +29.38%｜Price -2.65%
First, the definition: Open Interest is the total number of contracts in the market that have not yet been closed. It measures the number of open positions, not trading volume.
Next, how to read it: This shows changes in the number of open positions. Price movements alone do not change this figure, so it does reflect opening and closing positions.
Don't let a single number throw off your strategy, and don't use borrowed money to test a prediction.
#APR
First, the definition: Open Interest is the total number of contracts in the market that have not yet been closed. It measures the number of open positions, not trading volume.
Next, how to read it: This shows changes in the number of open positions. Price movements alone do not change this figure, so it does reflect opening and closing positions.
Don't let a single number throw off your strategy, and don't use borrowed money to test a prediction.
#APR