Over $APR 1 hours, open interest rose 10.68% while the price fell 8.33%.
I treat unusual changes in open interest as a warning: volatility may increase, so I’ll reduce my position for now.
A genuine breakout is often accompanied by a surge in volume, while a false breakout often isn’t. That’s one of the indicators I pay close attention to.
I treat unusual changes in open interest as a warning: volatility may increase, so I’ll reduce my position for now.
A genuine breakout is often accompanied by a surge in volume, while a false breakout often isn’t. That’s one of the indicators I pay close attention to.