$IDOL 1-hour open interest rose by 9.01%, while the price climbed 9.47%.
When open interest moves unusually, keep an eye on the funding rate too. If it gets too extreme, watch out for liquidation in the opposite direction.
The candle body matters more than the wick: a solid close confirms the direction is real.
When open interest moves unusually, keep an eye on the funding rate too. If it gets too extreme, watch out for liquidation in the opposite direction.
The candle body matters more than the wick: a solid close confirms the direction is real.