Today's crypto market update: $EVAA 15-minute futures open interest rose 4.6%, with positions valued at approximately $12.26 million; the price was up 12.64% over the same period.
Open interest moved, but my position is still zero—I'm just sitting in the audience.
A quick explainer: Open Interest refers to the total number of contracts in the market that have not yet been closed. It counts contracts, not trading volume.
Any indicator is just a summary of price movements that have already happened. The market can turn in the opposite direction at any time.
Open interest moved, but my position is still zero—I'm just sitting in the audience.
A quick explainer: Open Interest refers to the total number of contracts in the market that have not yet been closed. It counts contracts, not trading volume.
Any indicator is just a summary of price movements that have already happened. The market can turn in the opposite direction at any time.