Current open interest, the current contract open interest for this trading pair in the market, measured in USD rather than the quantity of the cryptocurrency, for convenience and uniformity. 1M represents a contract open interest of one million USD. How to form a contract open interest of one million USD? Just find two people to bet against each other; one is bullish and opens a position of one million USD, and the other is bearish and opens a position of one million USD. This way, the open interest increases by one million USD, not two million USD. These two are counter parties. The winners take the other party's money (mutual extraction of each other's funds). If the price rises by one percent, the long position gains 1% (can close at 101w), while the short position loses 1% (closing requires buying at 101w), and the contract open interest remains unchanged. Because one position has an actual value of 101 (earning 1w), while the other is 99 (losing 1w), averaging gives 100. Open interest does not change because of price increases unless new betting capital is introduced. Closing a position will lead to a decrease in open interest.
How to Quickly Put Money into Someone Else's Pocket
First, throw out the keywords: spot, contract, leverage, opening position, closing position, position, liquidation price, liquidation, margin, cross margin, isolated margin. Then explain each one by one. By the end, you should understand a graceful way to put money into someone else's pocket. Going long: bullish, buying; closing long: end of bullish, selling. Shorting: bearish, selling; closing short: end of bearish, buying. Spot: buy if bullish, sell if not bullish. The risk is price volatility. Spot cannot short. Trading: for every buy, there must be a sell; for every sell, there must be a buy; only buying or only selling without the other side is an unfinished trade.
$BNX , the positions have already run high for a long time, the outflow value doesn't seem very obvious at this pace. Looking at it this way, the past few days can be considered as a flat short pull-up, both long and short are flat. The continuity will definitely be greatly discounted next. Please have a long distribution or just go up and down as it came.
台风季
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$BNX Seizing the opportunity to revive, having a large position is just like this. Currently, it has reached 320 million in holdings, directly increasing by 33%. This coin might really reach a new high. By the way, the holdings of this coin when the price was above 1.5 are not as high as now 😂. Such a super strong manipulated coin really needs fewer short sellers; it lacks counter positions. If it rises so high without anyone shorting, it's a pity. If someone shorts, it will continue to rise 😂.
#IP is indeed tough. In the previous few times when I mentioned shorting positions, if one didn't exit early, they would probably be hitting stop losses. This time, the rebound is over 20%+, and one can set a stop loss at 6.4-6.5. It would be best if we could wait for it to rise before coming down. The price has already flowed out in the last hour, and there is even a hint of shorting. Moreover, there has been a significant increase in volume over these three hours. A loss-taking short still has a good cost-performance ratio.
$HIVE , there has been a certain base position in the last 24 hours, and the current market is relatively small. You can refer to the trend lines I drew and some important moving averages for entry points. The stop loss can be set at 3-5% (0.28 can also be used for stop loss), and the take profit is 0.33+.
$HBAR significantly increased holdings after the pancake rebound yesterday, and has been quite strong in the last few hours. The position increased by 188% in 24 hours, approximately 260 million, with an estimated cost around 0.21. It seems that the inflow in these few hours is in a short position, and there should be an opportunity for a pullback to the moving average later.
The contract position for $TRUMP is down to 300 million, last time it was still 500 million. Now the price is 11.4, do you dare to buy? Let's see how much the market value is left. Buying act sats will significantly reduce the risk. Of course, it's still better not to buy in the near term, unless the buying price is cheap.
台风季
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The current position of $TRUMP is below 500 million, reduced by another 1/6, with a total outflow of about 14 million due to a reduction of 3-4 million in 8 hours. There must be some short positions involved. It has now fallen below the lower boundary of the box. Since breaking below 18, it has been declining all the way down without any significant volume, slowly declining and unloading. Losses still need to be taken; if it loses 18, there won't be any consideration about current losses.
$KAITO data shows a strong trend, basically it is a long position benefiting from this inflow. The strategy is to wait for a pullback to the trend line without breaking below or to wait for a recovery to go long. Alternatively, observe the 2-hour or other moving averages that are in sync with the trend frequency.
The pullback after $COW was not significantly reduced yesterday. In the last 24 hours, there was a 17.3% increase in holdings, but a total outflow of 10 million, so this 24 hours was a short position opening. This hour is seeing an inflow while closing short positions. Let's wait for 1 hour for the MACD to turn green bars and then reassess. Or there may be an opportunity to reach points of 0.35-0.36.
#ALCH In the past few hours, there has been volatility and upward movement, with positions still increasing. It's not easy to find an entry point in this trend; if possible, enter when the EMA 21-hour moving average has not been broken. This coin has also dropped significantly on the daily level; although it has doubled in the short term, it is still at the bottom.
#IP is still quite strong, returning to around 5, the positions increased but not as much as before, currently over 120 million. Looking at the 4-hour chart, it appears to be oscillating while flat. You can take a small short position with a stop loss.
$ARKM , this guy has been doing box oscillation, 0.61-0.73. After the position reached 0.87, it ran all the way. Those who are more afraid and still hold can consider reducing their positions or selling them. It doesn’t matter if you buy less. If you want to add positions, you can add them when the lower boundary of the box is not broken, and control the cost at 0.61-0.62. 0.598 is used as a stop loss to avoid a sharp drop in the market.
Recently, there hasn't been much to share, not even enough to eat for the long term. This can only be relieved by getting a big shot (either up or down). Hold onto the U and wait for the opportunity.
#IP has run another 10%, this drop will be relatively large because it is all a vacuum area. The timing of entering the market is also quite important. If you enter the market a day later at the same price point, the result will be different.
台风季
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#IP , there was a pullback in the evening, and I also suffered a small loss. I didn't continue to look for opportunities to enter the market when I was asleep. From the position, I sold out a part of it. From yesterday afternoon to evening, the basic position was around 113-118M.
#IP , there was a pullback in the evening, and I also suffered a small loss. I didn't continue to look for opportunities to enter the market when I was asleep. From the position, I sold out a part of it. From yesterday afternoon to evening, the basic position was around 113-118M.
$KAITO , part of the data is lost, all are 0%. Short-term positions have not changed significantly. There are more outflows in 24-hour contracts, and the changes in the K-line are also relatively normal data. This kind of large fluctuation is not easy to analyze without sideways trading. I can't see any opportunities, and I don't have any ideas.
#IP According to the data, there is a large amount of runaway. The peak position that can be found here is about 330 million, which was around 5 o'clock yesterday morning. Currently, there are only 110 million left. In the past 24 hours, it has run away by 35%. The continuity is even lower. You can go short, just take a loss.
Bad news, Big Pie and Second Pie are playing tricks on each other. Good news, low-priced chips are available again. 😂
台风季
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Today's market is not bad, the market is rising, and there are many AI-related stocks on the increase list. The simple design of the order index is 37. Some of them have rushed higher, and I don't want to mention them. Let's just talk about it briefly. arkm has been mentioned before. He increased his holdings in the afternoon. The current holdings are +37% in 8 hours, +47% in two days, and 9% away from the bottom of the past two days. FET 12 hours +27% three days +43%. 10% away from the bottom of the past two days ai16z 8 hours +21%, let's see if it can fall back to the range of 0.35-0.37. 1000rats, this meme, has increased its holdings by nearly 200% (2500w) in the past three days. Find a good position to enter (0.018-0.019 is for reference only). sei increased its holdings by 47% (+3600w) in two days, and rose by 18% from the bottom. If you are afraid of highs, you can find a pullback and enter. TIA also increased its holdings by 44% (+4000w) in two days, and the bottom has also risen by 18%.
If you think it is difficult to buy, you can actually not buy 😂, or buy a small amount, I am also afraid of heights. These obvious increase in holdings show that the main force has entered the market, but there will definitely be fluctuations or leave the market according to the situation. Today's overall data is relatively good recently.