Honestly, while reviewing the contract data just now, I noticed $ICNT : open interest is up 2.65% over 15 minutes, now at $6.34 million.
The price is rising too (+12.42%), which looks like new longs adding to their positions. I usually check the funding rate next; if it’s not overheated, this move looks more solid.
Bookmark this and compare later.
The price is rising too (+12.42%), which looks like new longs adding to their positions. I usually check the funding rate next; if it’s not overheated, this move looks more solid.
Bookmark this and compare later.