$JCT |24-hour open interest vs. price
Open interest ↓ 18.21% Price ↑ 5.7%
Open interest value: $21.75 million Current price: 0.004513
The arrows are pointing in opposite directions: open interest is falling while the price is rising, suggesting a move driven more by short covering.
When the data diverges, it’s safer not to take on too large a position.