$ICNT ｜15-minute open interest +5.02%｜Price +3.13%
What does open interest actually tell us? Open interest in futures reflects the combined demand for speculation and hedging. Some positions are held simply to hedge spot exposure.
This tracks changes in the number of coins held. Price fluctuations themselves don’t change this figure, so it reflects actual opening and closing of positions.
Learning to read indicators isn’t hard. The hard part is sticking to your plan when the market gets heated.
#ICNT
What does open interest actually tell us? Open interest in futures reflects the combined demand for speculation and hedging. Some positions are held simply to hedge spot exposure.
This tracks changes in the number of coins held. Price fluctuations themselves don’t change this figure, so it reflects actual opening and closing of positions.
Learning to read indicators isn’t hard. The hard part is sticking to your plan when the market gets heated.
#ICNT