Just sharing something I noticed while looking through contract data today: $AIO : open interest is up 24.01% over the past hour, currently at $3.78 million.
The price is rising in tandem (+12.42%), which suggests new longs are adding to their positions. I usually check the funding rate next—if it’s not overheated, this rally still looks healthy.
What would you do?
Crypto is risky, so trade with caution.
The price is rising in tandem (+12.42%), which suggests new longs are adding to their positions. I usually check the funding rate next—if it’s not overheated, this rally still looks healthy.
What would you do?
Crypto is risky, so trade with caution.
