Q: Open interest over $APR 24 hours increased by 129.86%, while the price fell 40.09%. What does this mean?
A: During a downtrend, new short positions may be adding to their bets, or longs may be buying the dip. The bears seem more active for now, but the more crowded positions become, the more intense a short squeeze could be.
A: During a downtrend, new short positions may be adding to their bets, or longs may be buying the dip. The bears seem more active for now, but the more crowded positions become, the more intense a short squeeze could be.