BTCUSDT Perpetual Contract Detailed Overview

Open Interest Analysis: Last 10-Hours vs. 10-Hour Rolling Average

Note: The bars above are based on UTC time, representing full hourly intervals with the Open Interest value taken at the close of each hour.

Open Interest Analysis: Last 5-Days vs. 5-Day Rolling Average

Note: The bars above represent daily intervals based on UTC time, with the Open Interest value taken at the close of each 24-hour period.

Open Interest Analysis:

Open Interest is a crucial indicator that reveals current levels of activity and market sentiment within specific Perpetual Contracts. Understanding both short-term and longer-term Open Interest trends can help you assess whether market movements are supported by strong participation or whether they are fading.

By using both the 10-hour Open Interest chart and the 5-day Open Interest charts, you can gain a more comprehensive understanding of current market conditions.

The 10-hour chart offers a real-time view of market activity, while the 5-day chart gives you the ability to see longer-term trends and avoid reacting to short-term market fluctuations. Together, they provide you with a dynamic and reliable framework for making more informed, confident trading decisions.

The two charts above show Open Interest data for:

• The 10-hour chart: Focuses on the recent hourly activity of Open Interest and its 10-hour rolling average.
• The 5-day chart: Provides a longer-term view, analysing the past 5 days of Open Interest compared to the 5-day rolling average.

Both charts provide unique insights into market behaviour, and together they offer a comprehensive understanding of market strength, momentum, and sentiment.

For a comprehensive guide on how to use the Open Interest charts above to make smarter trading decisions, click here.