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Joao Wedson

06/23 14:21

Solana’s 30-day Open Interest change is about to turn positive.

The last two times this happened, SOL moved slightly higher, but a sharp drop followed afterward.

A real liquidity hunt often happens across exchanges.

Also, when the monthly Open Interest change jumped by more than $2B compared to the previous month, the price marked local tops. In some cases, it did not even need to surpass that level.

Once this metric stays positive for a few days, some strategic selling to buy back lower later may be a good strategy.

Keep an eye on it!

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