$Q ｜1-hour open interest +32.15%｜Price +0.19%
Before looking at positions, first understand open interest.
An increase in open interest means new positions are being opened; a decrease means positions are being closed, either voluntarily or through liquidation.
Open interest varies greatly from coin to coin. Large short-term swings are not unusual for smaller coins, but are much rarer for leading coins.
Multiple data points corroborating one another is more reliable than looking at just one, but even more signals cannot provide a definitive conclusion.
#Q
Before looking at positions, first understand open interest.
An increase in open interest means new positions are being opened; a decrease means positions are being closed, either voluntarily or through liquidation.
Open interest varies greatly from coin to coin. Large short-term swings are not unusual for smaller coins, but are much rarer for leading coins.
Multiple data points corroborating one another is more reliable than looking at just one, but even more signals cannot provide a definitive conclusion.
#Q