Just wanted to share a quick thought. While checking the contract data today, I noticed $APR : 15-minute open interest is up 4.22%, now at $7.97 million.
The price is rising too (+8.98%), which suggests new longs are adding to their positions. I usually check the funding rate next—if it’s still normal, this move looks pretty solid.
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The price is rising too (+8.98%), which suggests new longs are adding to their positions. I usually check the funding rate next—if it’s still normal, this move looks pretty solid.
If you found this useful, give it a like 👍