$DODOX ｜15-minute open interest +9.12%｜Price +8.7%
What does open interest actually tell us? It represents the total size of outstanding contract positions. The higher the open interest, the more positions may be liquidated when prices move sharply.
A rapid change in open interest over a short period means traders are opening or closing positions in large numbers, and volatility often increases afterward.
Don’t chase the market during its most volatile moment. Wait for the candlestick to close before deciding.
What does open interest actually tell us? It represents the total size of outstanding contract positions. The higher the open interest, the more positions may be liquidated when prices move sharply.
A rapid change in open interest over a short period means traders are opening or closing positions in large numbers, and volatility often increases afterward.
Don’t chase the market during its most volatile moment. Wait for the candlestick to close before deciding.