@GodOloya@DeFiTracer Open interest is the amount of open positions. Shorts and longs.. price going up and oi going down says that the price action is not the result of new longs, it is the result of shorts getting closed. Therefore, price will probably continue down, until buyers return
@MilkRoadDaily I don’t get it. I mean, I know what your are implying but the picture is two lines that are selling/handing out something. If 100% win rate was a real thing and it could be obtained by standing in one of two lines, then ya, fuk ya, I’ll take an order of 100% win rate.
@CryptoZachLA I prefer this atmosphere to the insane “banana zone tomorrow” vibe everyone was in for 9 months. Is hard for me to judge the market and to short when everyone is screaming about the pump. Now, I can just read the chart and pick a direction.