Honestly, while looking through the futures data today, I noticed $AKE : open interest is up 1.6% over 15 minutes, now at $50.41 million.
The price is rising too (+2.28%), which looks like new longs are entering. I usually check the funding rate next; if it isn’t overheated, this move seems pretty solid.
Like if you agree, and if you disagree, let me know in the comments.
The price is rising too (+2.28%), which looks like new longs are entering. I usually check the funding rate next; if it isn’t overheated, this move seems pretty solid.
Like if you agree, and if you disagree, let me know in the comments.
