When I first got into the space, I only looked at candlestick charts. It took me a while to get into the habit of checking them alongside open interest. $POWR is a great example today:
If you look only at the price, it’s basically flat over the past 24 hours, so you might think everything is calm. But check open interest, and you’ll see it’s up 196.88%—there’s been a lot going on beneath the surface.
Do you usually keep an eye on open interest?
If you look only at the price, it’s basically flat over the past 24 hours, so you might think everything is calm. But check open interest, and you’ll see it’s up 196.88%—there’s been a lot going on beneath the surface.
Do you usually keep an eye on open interest?