Q: $SAND What does it mean that open interest increased by 29.06% over 24 hours while the price fell 0.48%?
A: Positions are being opened, but the price hasn't reacted. Both bulls and bears are building positions. The longer the standoff lasts, the bigger the eventual move tends to be—but there's no way to predict which direction it will go.
#SAND
A: Positions are being opened, but the price hasn't reacted. Both bulls and bears are building positions. The longer the standoff lasts, the bigger the eventual move tends to be—but there's no way to predict which direction it will go.
#SAND