#moodeng

I was just chatting with a friend and noticed signs of the main bullish positions for hippos building up, so I decided to follow suit and made a small investment. Let me share the data I checked at that time, and we can all learn how to interpret the data together.

We can see that at the 24h, 12h, and 8h levels, the open interest is rising, and the main contracts are showing an inflow trend. Although there is some outflow from retail contracts, retail investors have never been the dominant force in the market. It’s possible that during FOMO moments, retail investors may cluster and push prices up suddenly, but during the startup phase, it is generally the institutions that take the lead. Do you remember that formula? When open interest rises and main contracts increase, it indicates that the institutions are opening long positions.

Since we see that institutions are opening long positions, we just need to find an opportunity to enter the market. This wave didn't really pull back; my friend entered at 0.381.