$FET : Prices and open interest are both weakening, and intraday participation is contracting.
Current open interest: 29.71M; funding rate: +0.0100%; 15m price/OI: -1.72% / -2.07%.
Open interest is falling along with price, and the current structure is entering a cooling-off phase.
Next, watch to see whether trading volume recovers. Raise the level of attention once price and open interest stop falling.
Current open interest: 29.71M; funding rate: +0.0100%; 15m price/OI: -1.72% / -2.07%.
Open interest is falling along with price, and the current structure is entering a cooling-off phase.
Next, watch to see whether trading volume recovers. Raise the level of attention once price and open interest stop falling.