$ONE 1-hour open interest rose 5.71%, while the price climbed 2.04%.
The unusual change in open interest signals that leveraged funds are taking a stance. Whether spot buyers follow suit will determine how solid the rally is.
Structurally, this move should be assessed alongside the four-hour structure; unusual moves on shorter timeframes are often reversed.
The data comes from public sources. Please verify it yourself.
The unusual change in open interest signals that leveraged funds are taking a stance. Whether spot buyers follow suit will determine how solid the rally is.
Structurally, this move should be assessed alongside the four-hour structure; unusual moves on shorter timeframes are often reversed.
The data comes from public sources. Please verify it yourself.