🔍 Latest data: $HOT ｜15-minute open interest +5.92%｜Price +3.47%
· What it is: Open interest in futures combines speculative and hedging demand; some positions are held solely to hedge spot risk.
· How to read it: Rising prices alongside rising open interest are often seen as bullish traders actively entering the market, while falling prices alongside rising open interest are often seen as bearish traders actively entering the market.
Don’t change your original strategy based on a single indicator, and never gamble borrowed money on a particular reading.
#HOT
· What it is: Open interest in futures combines speculative and hedging demand; some positions are held solely to hedge spot risk.
· How to read it: Rising prices alongside rising open interest are often seen as bullish traders actively entering the market, while falling prices alongside rising open interest are often seen as bearish traders actively entering the market.
Don’t change your original strategy based on a single indicator, and never gamble borrowed money on a particular reading.
#HOT