#Bitcoin❗    Quite the run up in Open Interest over the past 72 hour.

A +$2.1B increase which is about ~11.3 % of total #Openinterest

Price went up +5.3% during this time so there's definitely a lot of additional positioning going on as price tries to move higher.

#Volatility likely.

📉 After Every Big Pump Comes a Correction: How to Profit Using Open Interest

In the world of cryptocurrency trading, big price pumps are often followed by corrections — sharp downward moves as traders take profits. This presents a unique opportunity for futures traders to capitalize on market retracements. The key metric to monitor in this strategy is Open Interest (OI). Here’s how it works:

🔍 What Is Open Interest?

Open Interest refers to the total number of outstanding futures contracts in the market. It shows how much money is actively invested in a particular asset’s futures contracts.
• Rising OI: Indicates that more traders are entering the market, often signaling strong price momentum (up or down).
• Falling OI: Shows that traders are closing positions, which can signal an upcoming price correction.

📊 The Strategy: Trade the Correction
1. Spot the Pump: Look for a significant price rally in a cryptocurrency.
2. Monitor OI Closely: Use trading platforms like Binance Futures, Bybit, or Coinglass to track OI data.
3. Confirmation Signal:
• If price is rising but OI starts dropping, traders are likely closing long positions — a potential reversal signal.
• This is often accompanied by reduced trading volume, indicating weakening momentum.
4. Enter a Short Position: Open a short position in futures when OI drops significantly after a pump. Use stop-loss orders to manage risk.

⚠️ Risk Management Tips
• Set Tight Stop-Losses: Volatility can wipe out positions quickly.
• Avoid High Leverage: Use conservative leverage to reduce liquidation risks.
• Watch Liquidations Data: Spikes in liquidations often amplify price movements.

💡 Final Thoughts
By understanding the relationship between Open Interest and price movements, you can anticipate corrections after major pumps. This futures trading strategy can help you secure quick profits if executed with proper risk management. Stay informed and trade smart!

#Openinterest #futurestraders #pumpNdump

Perşembe gününe kadar $ETH Etf onay sonucunun belirlenmesi gerekiyor.

Borsaların spot göstergelerine baktığımızda #binance spot cüzdanların satış yaptığını #coinbase spot cüzdanların aşırı alım yaptığını görüyoruz.

Binance kullanıcılarının ile ABD kullanıcılarının fiyatlar üzerinde ne gibi bilgileri varda ters yönde işlemler yapıyorlar.

#openinterest göstergeleri aşırı yükseliş gösteriyor. Volatilite için tüm hazırlıklar tamam gibi.

#BinanceSquareTurkey