Today's market-watching ramble: $PARTI 24-hour contract open interest -27.01%, price +40.74%—a clear case of open interest falling while price rises.
Looks like the bears collectively let go, and the rope slid toward the bulls, sending the price up. At first glance, the bulls won, but in reality, the other side simply stopped pulling—exactly like how I won that arm wrestle last time.
Give this a like, and let's chat when the next market move comes.
Be aware of the risks and make your own decisions.
Looks like the bears collectively let go, and the rope slid toward the bulls, sending the price up. At first glance, the bulls won, but in reality, the other side simply stopped pulling—exactly like how I won that arm wrestle last time.
Give this a like, and let's chat when the next market move comes.
Be aware of the risks and make your own decisions.