Data alert: $UAI 1-hour open interest rose by 8.03%.
When open interest swings sharply, keep an eye on the funding rate too. If the rate is heavily one-sided, beware of a reversal that shakes out traders. In the same market conditions, are you more worried about missing out or getting trapped in a position?
#UAI
When open interest swings sharply, keep an eye on the funding rate too. If the rate is heavily one-sided, beware of a reversal that shakes out traders. In the same market conditions, are you more worried about missing out or getting trapped in a position?
#UAI
