Indicator notes | $EPIC | 15-minute open interest +7.33% | Price +23.01%
Definition: Open interest is generally calculated separately for each trading pair. Here, it refers to open interest in Binance USDⓈ-M perpetual contracts, not the total across all platforms.
How to read it: The higher open interest climbs, the more contract positions can drive prices. A sudden surge or drop may trigger a chain of liquidations.
Learning to read indicators isn’t hard; the hard part is sticking to your rules when the market gets extreme.
NFA. Do your own research.
Definition: Open interest is generally calculated separately for each trading pair. Here, it refers to open interest in Binance USDⓈ-M perpetual contracts, not the total across all platforms.
How to read it: The higher open interest climbs, the more contract positions can drive prices. A sudden surge or drop may trigger a chain of liquidations.
Learning to read indicators isn’t hard; the hard part is sticking to your rules when the market gets extreme.
NFA. Do your own research.