$Q 5-minute contract open interest rose 2.52%; price rose 0.63% over the same period.
Let’s break this figure down.
Position value = the number of coins held × the price. When the price rises, position value rises too. Comparing the number of coins gives a clearer picture of whether new positions were actually opened.
This tracks the change in the number of coins held. Price fluctuations alone won’t change this figure, so it reflects actual position-opening and closing activity.
Leave plenty of room when using leverage—don’t let a single wick knock you out of your position.
Let’s break this figure down.
Position value = the number of coins held × the price. When the price rises, position value rises too. Comparing the number of coins gives a clearer picture of whether new positions were actually opened.
This tracks the change in the number of coins held. Price fluctuations alone won’t change this figure, so it reflects actual position-opening and closing activity.
Leave plenty of room when using leverage—don’t let a single wick knock you out of your position.