Office workers’ sneaky market check: Open interest in $Q 15-minute contracts rose 2.52%; prices were up 0.63% over the same period.
Open interest moved, but my position is still zero—I’m just auditing the market.
On a more serious note, open interest is generally calculated separately for each contract. This figure is for Binance’s USDT-margined perpetual contracts, not the total across the entire market.
Knowing how to read indicators isn’t hard. The hard part is sticking to your rules when the market gets extremely volatile.
Open interest moved, but my position is still zero—I’m just auditing the market.
On a more serious note, open interest is generally calculated separately for each contract. This figure is for Binance’s USDT-margined perpetual contracts, not the total across the entire market.
Knowing how to read indicators isn’t hard. The hard part is sticking to your rules when the market gets extremely volatile.