Market Notes｜$GOAT ｜1-hour open interest +148.61%｜Price -14.82%
Definition: Open interest and trading volume are two different things. Trading volume measures how much has changed hands over a period of time; open interest measures how many contracts are still open right now.
How to read it: A new high in open interest isn’t inherently bullish or bearish. It simply means more capital is placing bets, and the two sides disagree more.
Indicators can fail, but risk management can’t be absent: deciding in advance what to do if you’re wrong is more important than getting the prediction right.
#GOAT
Crypto markets are volatile, so keep position sizes in check.
Definition: Open interest and trading volume are two different things. Trading volume measures how much has changed hands over a period of time; open interest measures how many contracts are still open right now.
How to read it: A new high in open interest isn’t inherently bullish or bearish. It simply means more capital is placing bets, and the two sides disagree more.
Indicators can fail, but risk management can’t be absent: deciding in advance what to do if you’re wrong is more important than getting the prediction right.
#GOAT
Crypto markets are volatile, so keep position sizes in check.