Sometimes Futures data is noisier than price movements. BTC saw Open Interest increase for several hours, while ETH and SOL began to decline over the same observation period.
Overall, open positions across major assets actually shrank slightly. So even though prices are in the green, position-taking activity isn’t moving uniformly.
For me, this is one of the most interesting parts of the market to watch. Prices can rise together, while traders’ decisions behind the scenes turn out to differ.
Overall, open positions across major assets actually shrank slightly. So even though prices are in the green, position-taking activity isn’t moving uniformly.
For me, this is one of the most interesting parts of the market to watch. Prices can rise together, while traders’ decisions behind the scenes turn out to differ.