BabyTudor
How do i know if the market is over-leveraged ? - OI RSI vs Price RSI
Open interest(OI) and PRICE move almost similarly, but the increase in OI is noticeable in the excessively leveraged section. During the PRICE RSI draws down-trend, OI RSI draws flat or up-trend occurs. This means that OI increase relatively faster than PRICE increase. Even if the funding rate is not high, the degree of leverage can be checked through the opposite trend of OI RSI and PRICE RSI. We should take a profit or decrease leverage position in this section.