$Niu Lai 15-minute contract open interest increased 4.69%, with an open interest value of approximately $20.49 million; the price rose +7.13% over the same period.
Let’s break down open interest based on these figures.
Contract open interest reflects both speculative and hedging demand, and some positions are used solely to hedge spot exposure.
A rising price with falling open interest is generally interpreted as being driven by short covering, while a falling price with falling open interest is often seen as longs closing their positions; these are interpretations, not certainties.
Sizing orders based on stop-loss distance is far more reliable than picking a position size on a whim.
#牛来
Let’s break down open interest based on these figures.
Contract open interest reflects both speculative and hedging demand, and some positions are used solely to hedge spot exposure.
A rising price with falling open interest is generally interpreted as being driven by short covering, while a falling price with falling open interest is often seen as longs closing their positions; these are interpretations, not certainties.
Sizing orders based on stop-loss distance is far more reliable than picking a position size on a whim.
#牛来
