📋 Latest data: $PTB ｜15-minute open interest +6.39%｜Price +0.78%
· What it is: Open interest and trading volume are two different metrics: volume shows how much was traded over a period of time, while open interest shows how many contracts are still open right now.
· How to read it: High open interest is not inherently bullish or bearish; it simply means more positions are open and the disagreement between bulls and bears is greater.
For leveraged positions, first work out whether you can withstand the worst-case scenario, then consider what the signal is saying.
#PTB
· What it is: Open interest and trading volume are two different metrics: volume shows how much was traded over a period of time, while open interest shows how many contracts are still open right now.
· How to read it: High open interest is not inherently bullish or bearish; it simply means more positions are open and the disagreement between bulls and bears is greater.
For leveraged positions, first work out whether you can withstand the worst-case scenario, then consider what the signal is saying.
#PTB