đ WHAT IS OPEN INTEREST?
Open Interest = the total number of outstanding derivatives contracts.
Why should traders care?
đ Rising OI + rising price â increasing participation
đ Rising OI + falling price â increasing short-side pressure
â ïž Very high OI can also mean increased liquidation risk.
Don't look at price alone.
Price + Volume + Open Interest = a much better picture.
$BTC
$ETH #Write2Earn #SECReviewsSix3xLeveragedCommodityETFs #USToPressNationsToPickUSOrChinaAICoalition #COWRises55.77%In24h $ETH
Open Interest = the total number of outstanding derivatives contracts.
Why should traders care?
đ Rising OI + rising price â increasing participation
đ Rising OI + falling price â increasing short-side pressure
â ïž Very high OI can also mean increased liquidation risk.
Don't look at price alone.
Price + Volume + Open Interest = a much better picture.
$BTC
$ETH #Write2Earn #SECReviewsSix3xLeveragedCommodityETFs #USToPressNationsToPickUSOrChinaAICoalition #COWRises55.77%In24h $ETH
