$ALT 15-minute open interest increased by 12.27%, while the price rose by 19.82%.
A decline in open interest usually means positions are being closed, while an increase means new capital is entering. The subsequent price action tends to differ in these two cases.
Looking at the chart, the previous low and key moving averages are more worth watching than this fluctuation.
A decline in open interest usually means positions are being closed, while an increase means new capital is entering. The subsequent price action tends to differ in these two cases.
Looking at the chart, the previous low and key moving averages are more worth watching than this fluctuation.