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#884 Bitcoin Is Up 30% In The Last 2 Months w/ Will Clemente

The Pomp Podcast

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The Open Interest Is Up, What's That Saying?

Open interest is just telling you the number of contracts that are open. It's all about kind of gauging what's the aggression of the market participants on both sides of the contract, right? If if the price starts toi o wick above that and, you know, open interest is kind of, you now, just flat or increasing, then that probably is indicating to you that ta lot of that build up hasn't been aggressive shor Right? N a, you know,. conversely, if if we start pushing above that price level, you start to see, oh, i kind of,you know, spike down, oon pushes up. That's showing you that,

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