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Solana open interest sheds nearly $440M as price slumps 11%

Open Interest in Solana is down 21% compared to the previous day as its price dips below levels unseen in over 30 days.

https://ct.com/ccie



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Solana open interest sheds nearly $440M as price slumps 11%

Open Interest in Solana is down 21% compared to the previous day as its price dips below levels unseen in over 30 days.

https://ct.com/ccie

BY Cointelegraph Markets & Research




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Importantly, that investor viewpoint is not new. It cycles in when conditions are right (and vice versa). It also brings the ineffective warnings of an overpriced market with it.Looking toward a good 2022 stock market, there is no apparent reason to expect these issues to change.

If riding a bucking bronco is your idea of fun, you’re going to love what the stock market has in store. Consider this past week’s ride a preview.The week’s action didn’t look like much, if you didn’t know better. The Dow Jones Industrial Average rose 213.12 points or 0.6%, while the S&P 500 advanced 0.5%, and the Nasdaq Composite ended little changed.

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