BLESSUSDT Past 1 hours increased 10.1%, Binance open interest increased 10.3%to 9800000 USD
BIBIBI
AT A GLANCE
BLESSUSDT past 3600 seconds, the price and Binance open interest rose simultaneously.
Article
🇨🇳 🟢 [BLESSUSDT] Binance open interest +10.3%; price rose 10.1% over the past 3600 seconds; open interest: 9800000 USD; open interest-to-market capitalization ratio: 26.9%; 24-hour price change: +59.9%
🇺🇸 🟢 [BLESSUSDT] Binance openinterest +10.3%, Price +10.1% in the past 3600 seconds, OI: $9.8M, OI/Marketcap ratio: 26.9%, 24H Price Change: +59.9%
💰 Market Cap
BLESS MarketCap: 35.9M
Key points
01
BLESSUSDT past 3600 seconds, the price increased 10.1%。
02
Binance open interest increased 10.3%, to 9800000 USD。
03
The open interest-to-market capitalization ratio was 26.9%.
04
BLESSUSDT past 24 hours, the price increased 59.9%。
05
BLESS market capitalization is 35900000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest represents the size of contracts that have not yet been closed. Here, both the price and open interest increased, indicating increased market activity, but this does not mean that the price will necessarily continue to rise.
Why it matters to readers
The price, open interest, and 24-hour increase were all relatively high over a short period, which may indicate high volatility.
Beginners should note that an increase in open interest does not establish a bullish outlook, and a sharp rise may also be followed by significant volatility.
Risks and unknowns
The evidence does not provide data from independent exchanges or cross-validation.
It is not specified whether the increase in open interest corresponds to long or short positions.
These data alone are insufficient to determine the subsequent price direction.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.