$ESPORTS |1-hour position +9.84%|price +9.43%
Before looking at positions, first understand open interest.
An increase in open interest doesn’t mean money is flowing in: it only means more positions are open in the contracts. It doesn’t tell you where the money came from or which direction it’s moving.
When open interest rises but spot trading volume doesn’t keep up, price increases often rely mainly on capital in the futures market. These moves can rise quickly and reverse just as fast.
With leveraged trading, first work out whether you can withstand the worst-case scenario, then consider what the signals are saying.