$HANA |1-hour open interest +13.04%|Price +14.08%
Before discussing capital flows, first understand open interest.
Position value equals the number of coins in open positions × price. When the price rises, position value increases accordingly; tracking the coin-denominated amount better reflects whether new positions have actually been opened.
A sharp change in open interest over a short period means people are opening or closing positions in large numbers, and volatility often increases afterward.
Don't chase orders during the most volatile minutes. Wait for the price to stabilize before taking another look.
#HANA
Before discussing capital flows, first understand open interest.
Position value equals the number of coins in open positions × price. When the price rises, position value increases accordingly; tracking the coin-denominated amount better reflects whether new positions have actually been opened.
A sharp change in open interest over a short period means people are opening or closing positions in large numbers, and volatility often increases afterward.
Don't chase orders during the most volatile minutes. Wait for the price to stabilize before taking another look.
#HANA