24-hour statistics for the $ARC contract:
① Open interest value: $8.28 million
② Change in open interest: -15.47%
③ Price change: +38.48%
④ Divergence type: Open interest down, price up
Overall: The rise is likely mostly driven by short covering. For now, there are no signs of aggressive entry by new longs.
① Open interest value: $8.28 million
② Change in open interest: -15.47%
③ Price change: +38.48%
④ Divergence type: Open interest down, price up
Overall: The rise is likely mostly driven by short covering. For now, there are no signs of aggressive entry by new longs.