The TON market is witnessing a decline in open interest, indicating that investors are closing or reducing their positions. This could lead to a period of reduced market activity, potentially resulting in consolidation or a deeper correction.
Typically, when open interest rises sharply, trading activity also increases, which can lead to profit-taking as prices follow the upward momentum of OI. Conversely, when open interest declines, this often indicates that market participants are exiting positions, creating opportunities to establish new positions before the market makes its next move.
History shows that a strong increase in open interest is often accompanied by stronger price momentum, while a sharp drop in OI can signal potential price reversals as the market rebalances.