Let’s talk about open interest:
Every open contract has one long and one short, so the total number of long positions and short positions across the entire market is always equal.
An increase in open interest only means that more positions have been opened in the contracts; it can’t tell us whether bulls or bears are in control, since every new position has both a long and a short.
$BTC 74082.03（-1.39%）
Every open contract has one long and one short, so the total number of long positions and short positions across the entire market is always equal.
An increase in open interest only means that more positions have been opened in the contracts; it can’t tell us whether bulls or bears are in control, since every new position has both a long and a short.
$BTC 74082.03（-1.39%）