Technical note｜$APR ｜1-hour open interest +11.21%｜Price +1.14%
First, a definition: Open interest is generally calculated separately for each contract. Here, it refers to positions in Binance USDⓈ-M perpetual contracts, not the combined total across all platforms.
How to read it: Rising prices with rising open interest are often seen as new long positions entering the market aggressively, while falling prices with rising open interest are commonly interpreted as new short positions entering aggressively.
Don’t let a single indicator disrupt your original plan, and never gamble on one reading with borrowed money.
#APR
First, a definition: Open interest is generally calculated separately for each contract. Here, it refers to positions in Binance USDⓈ-M perpetual contracts, not the combined total across all platforms.
How to read it: Rising prices with rising open interest are often seen as new long positions entering the market aggressively, while falling prices with rising open interest are commonly interpreted as new short positions entering aggressively.
Don’t let a single indicator disrupt your original plan, and never gamble on one reading with borrowed money.
#APR