$ENA 15-minute contract open interest increased by 4.71%; the price fell by 0.48% over the same period.
A question every beginner asks: What exactly does open interest tell us?
Open interest is the total number of outstanding contracts in the market. It measures the size of the market, not trading volume.
A rapid change in open interest over a short period means someone is opening or closing positions in large numbers, and volatility often increases afterward.
It’s safer to look for confirmation across several indicators rather than relying on just one, but even more signals can’t provide a definitive conclusion.
A question every beginner asks: What exactly does open interest tell us?
Open interest is the total number of outstanding contracts in the market. It measures the size of the market, not trading volume.
A rapid change in open interest over a short period means someone is opening or closing positions in large numbers, and volatility often increases afterward.
It’s safer to look for confirmation across several indicators rather than relying on just one, but even more signals can’t provide a definitive conclusion.
