Open interest is rising but does that automatically mean the

Delta Exchange

Open interest is rising but does that automatically mean the market is bullish? •OI tells you that positions are being added. •Price helps explain which side may be pressing. Let’s understand how to interpret Open interest • Price ↑ + OI ↑ suggests fresh long participation • Price ↓ + OI ↑ suggests fresh short participation • Price ↑ + OI ↓ may indicate short covering • Price ↓ + OI ↓ may indicate long unwinding OI tells you about participation. Price gives it direction. Which combination do you find the hardest to read? #Bitcoin #CryptoTrading ethereum:native bitcoin:native

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