Position movement | $TIA 1-hour open interest +8.4%, while the price only followed with +1.49% over the same period. Over 24 hours, it’s already up +28.88%.
Fresh money is coming in: open interest is rising along with the price, which usually means new longs are entering—not shorts getting squeezed out.
Of course, that’s just the usual interpretation, not a hard-and-fast rule. It’s best to check it against trading volume and funding rates too.
Are you planning to add to this position, or are you already counting down to get out?
#TIA
Fresh money is coming in: open interest is rising along with the price, which usually means new longs are entering—not shorts getting squeezed out.
Of course, that’s just the usual interpretation, not a hard-and-fast rule. It’s best to check it against trading volume and funding rates too.
Are you planning to add to this position, or are you already counting down to get out?
#TIA