$AIOT ｜15-minute open interest +4.04%｜Price +7.37%
What is open interest? Every new position always has someone going long and someone going short at the same time, so the idea that “rising open interest is always bullish” is a common misconception.
A sharp drop in open interest often occurs after a steep rise or fall, indicating that a lot of leverage has been flushed out. Short-term volatility may sometimes cool down as a result.
Learning to read indicators is easy; the hard part is sticking to your plan when the market gets really heated.
#AIOT
Personal notes; not investment advice.
What is open interest? Every new position always has someone going long and someone going short at the same time, so the idea that “rising open interest is always bullish” is a common misconception.
A sharp drop in open interest often occurs after a steep rise or fall, indicating that a lot of leverage has been flushed out. Short-term volatility may sometimes cool down as a result.
Learning to read indicators is easy; the hard part is sticking to your plan when the market gets really heated.
#AIOT
Personal notes; not investment advice.