$MET 24-hour contract open interest +28.07%, price +0.43% — open interest is rising while the price moves sideways.
First, a note on the methodology: open interest here is measured in coin units, excluding the effect of price movements on the value of open positions. So the change reflects actual opening or closing of positions.
Positions are increasing while the price moves sideways. Positions on both the long and short sides are growing, which may indicate rising disagreement. This kind of buildup usually ends with increased volatility, but it’s difficult to predict the direction in advance.
Are you leaning bullish or bearish?
First, a note on the methodology: open interest here is measured in coin units, excluding the effect of price movements on the value of open positions. So the change reflects actual opening or closing of positions.
Positions are increasing while the price moves sideways. Positions on both the long and short sides are growing, which may indicate rising disagreement. This kind of buildup usually ends with increased volatility, but it’s difficult to predict the direction in advance.
Are you leaning bullish or bearish?
