Technical note | $BR | 15-minute open interest +4% | Price -0.79%
Definition: Open interest represents the size of outstanding contract positions. The higher it is, the more positions may be liquidated when prices move sharply.
How to read it: A rapid change in open interest over a short period means people are opening or closing positions in large numbers, and volatility often increases afterward.
Learning to read indicators isn’t hard. The hard part is sticking to the rules when emotions are running high.
#BR
Just chatting—this is not advice.
Definition: Open interest represents the size of outstanding contract positions. The higher it is, the more positions may be liquidated when prices move sharply.
How to read it: A rapid change in open interest over a short period means people are opening or closing positions in large numbers, and volatility often increases afterward.
Learning to read indicators isn’t hard. The hard part is sticking to the rules when emotions are running high.
#BR
Just chatting—this is not advice.