❗️ $CAP 15-minute open interest surged 4.53% 👀
Don’t get carried away—understand open interest first 👇
Futures open interest represents the combined demand for leverage and hedging. Some positions are held solely to lock in spot-market risk.
A rise in price with falling open interest is generally interpreted as being driven by short covering; a fall in price with falling open interest is generally interpreted as longs closing their positions and exiting. These are common interpretations, not definitive conclusions.
All data describes past market movements, and the market can always move in the opposite direction.
Don’t get carried away—understand open interest first 👇
Futures open interest represents the combined demand for leverage and hedging. Some positions are held solely to lock in spot-market risk.
A rise in price with falling open interest is generally interpreted as being driven by short covering; a fall in price with falling open interest is generally interpreted as longs closing their positions and exiting. These are common interpretations, not definitive conclusions.
All data describes past market movements, and the market can always move in the opposite direction.
