Data snapshot: $ERA ｜15-minute open interest +5.84%｜Price -0.52%
What it means: An increase in open interest indicates new positions have been opened; a decrease means positions have been closed, either voluntarily or through forced liquidation.
How to read it: This tracks changes in the number of coins in open positions. Price fluctuations alone don't change this figure, so it reflects actual position openings and closings.
With leveraged trading, first work out whether you can withstand the worst-case outcome, then consider what the signal is saying.
Just my personal take—take it with a grain of salt. This isn't advice.
What it means: An increase in open interest indicates new positions have been opened; a decrease means positions have been closed, either voluntarily or through forced liquidation.
How to read it: This tracks changes in the number of coins in open positions. Price fluctuations alone don't change this figure, so it reflects actual position openings and closings.
With leveraged trading, first work out whether you can withstand the worst-case outcome, then consider what the signal is saying.
Just my personal take—take it with a grain of salt. This isn't advice.