First, a few numbers: $ARC over the past 24 hours: open interest (by coin amount) -15.47%, price +38.48%, open contract value $8.28 million, latest price 0.04116.
Open interest is down by more than 15%, while the price is rising—there may have been substantial short covering. Cast your vote in the comments: bullish or bearish?
Open interest is down by more than 15%, while the price is rising—there may have been substantial short covering. Cast your vote in the comments: bullish or bearish?