$JCT 15-minute contract open interest rose 2.66%; during the same period, the price fell 6.85%.
Folks, what is open interest? Here’s the quick explanation👇
Open interest is usually tracked separately for each contract. Here, we’re talking about open interest in Binance USDⓈ-M perpetual contracts, not the combined total across all platforms.
This tracks changes in the number of coins in open positions. Price movements alone don’t change this figure, so it really does reflect opening and closing positions.
Don’t change your original plan based on a single indicator, and don’t use borrowed money to test a hunch.
Folks, what is open interest? Here’s the quick explanation👇
Open interest is usually tracked separately for each contract. Here, we’re talking about open interest in Binance USDⓈ-M perpetual contracts, not the combined total across all platforms.
This tracks changes in the number of coins in open positions. Price movements alone don’t change this figure, so it really does reflect opening and closing positions.
Don’t change your original plan based on a single indicator, and don’t use borrowed money to test a hunch.