Open/Close

'Open/Close' in the context of cryptocurrency refers to the opening and closing prices of a financial asset within a specific time frame, typically in a trading period such as a day, week, or month. The open price is the price at which a cryptocurrency begins trading during a particular period, while the close price is the price at which it ends trading within the same period.

For example, let's consider Bitcoin's price movements on a daily basis:

- Open: $40,000

- Close: $42,000

This means that Bitcoin started trading at $40,000 and ended the trading day at $42,000.

Understanding the open and close prices is crucial for technical analysis and trading strategies in cryptocurrency markets. Traders often look at these prices to analyze trends, identify support and resistance levels, and make decisions about buying or selling assets.