$BTC 82870.01 +1.43% · WTI oil prices rise as open interest contracts
【The debate】Trend-continuation bulls focus on the gains; skeptics see short covering ending and open interest falling.
【What are you watching?】Price, or derivatives positioning?
【A quick reminder】When open interest falls, short-term volatility can increase. It doesn’t automatically mean prices will drop.
If open interest stops falling and rebounds tomorrow, how would the narrative change?
$BTC
#WTI oil prices rise as open interest contracts
【The debate】Trend-continuation bulls focus on the gains; skeptics see short covering ending and open interest falling.
【What are you watching?】Price, or derivatives positioning?
【A quick reminder】When open interest falls, short-term volatility can increase. It doesn’t automatically mean prices will drop.
If open interest stops falling and rebounds tomorrow, how would the narrative change?
$BTC
#WTI oil prices rise as open interest contracts