Folks, there’s something interesting about this contract data for $JCT 👀
Price is up 3.41%, but open interest is down 7.33% over the past 24 hours—that’s price up, open interest down! It looks more like shorts are closing out, with no sign of new money coming in yet!
Do you think this is a rebound or a bull trap?
Price is up 3.41%, but open interest is down 7.33% over the past 24 hours—that’s price up, open interest down! It looks more like shorts are closing out, with no sign of new money coming in yet!
Do you think this is a rebound or a bull trap?