$APR 15-minute contract open interest increased by 5.62%; the price fell 3.86% over the same period.
A beginner’s burning question: What does open interest actually tell us?
Open interest (OI) is the total number of contracts that have not yet been closed in the market. It counts contracts, not trading volume.
The higher open interest builds, the more contract capital can push prices, and a sharp move could trigger a cascade of liquidations.
Cross-checking multiple indicators is more reliable than looking at just one, but even more indicators can’t provide a definitive answer.
Personal notes only. Make your own decisions about buying and selling.
A beginner’s burning question: What does open interest actually tell us?
Open interest (OI) is the total number of contracts that have not yet been closed in the market. It counts contracts, not trading volume.
The higher open interest builds, the more contract capital can push prices, and a sharp move could trigger a cascade of liquidations.
Cross-checking multiple indicators is more reliable than looking at just one, but even more indicators can’t provide a definitive answer.
Personal notes only. Make your own decisions about buying and selling.