Longs are tired, Shorts are overconfident. Open interest on $ICP continues increasing while Leveraged Longs are getting Exhausted. ➡️Rising Open Interest may indicate expanding participation or increasing leverage exposure, with more contracts being opened than closed.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Longs are tired, Shorts are overconfident. Open interest on $ICP continues increasing while Leveraged Longs are getting Exhausted. ➡️Rising Open Interest may indicate expanding participation or increasing leverage exposure, with more contracts being opened than closed.