Looking only at price can make you miss half the picture. $AVA 15-minute open interest +4.55%, price +3.8%—look at them together:
Open interest rising, price rising: new longs are entering actively.
If open interest keeps piling up, watch whether the funding rate rises along with it. Do you usually place orders with a stop-loss?
Open interest rising, price rising: new longs are entering actively.
If open interest keeps piling up, watch whether the funding rate rises along with it. Do you usually place orders with a stop-loss?