【Futures Divergence Alert】$BTW
Over the past 24 hours, the price rose 3.16%, while futures open interest fell by 17.07%.
Open interest currently stands at around $73.06 million. The rally is likely driven mostly by short covering, with no signs yet of new longs joining in. Have you ever been caught in a sudden wick?
Make your own decisions about when to enter and exit—don’t follow the crowd.
Over the past 24 hours, the price rose 3.16%, while futures open interest fell by 17.07%.
Open interest currently stands at around $73.06 million. The rally is likely driven mostly by short covering, with no signs yet of new longs joining in. Have you ever been caught in a sudden wick?
Make your own decisions about when to enter and exit—don’t follow the crowd.