$KMNO |15-minute open interest +17.13%|Price +5.33%
Before looking at capital flows, first understand open interest.
Every increase in open interest means there is both a new long position and a new short position, so “rising open interest means a bullish outlook” is a common misconception.
Open interest should be considered alongside price and funding rates. Looking at changes in open interest alone cannot tell you whether the market is bullish or bearish.
The same data can mean very different things in different market conditions, so don’t blindly apply any single rule.
Trading involves risk. Enter the market with caution.
Before looking at capital flows, first understand open interest.
Every increase in open interest means there is both a new long position and a new short position, so “rising open interest means a bullish outlook” is a common misconception.
Open interest should be considered alongside price and funding rates. Looking at changes in open interest alone cannot tell you whether the market is bullish or bearish.
The same data can mean very different things in different market conditions, so don’t blindly apply any single rule.
Trading involves risk. Enter the market with caution.