When I first got into crypto, I only looked at candlestick charts. It took me a while to get into the habit of checking them alongside open interest. $ZEREBRO is a perfect example this time:
Looking at price alone, it was down 0.67% over 24 hours, so you might think nothing was happening. But comparing it with open interest, I noticed it was up 25.74%—there had already been a lot brewing beneath the surface.
Do you usually keep an eye on open interest too?
Looking at price alone, it was down 0.67% over 24 hours, so you might think nothing was happening. But comparing it with open interest, I noticed it was up 25.74%—there had already been a lot brewing beneath the surface.
Do you usually keep an eye on open interest too?