$AGT $MYX OI imbalance index has exceeded 1, indicating that there is more leveraged speculative capital in the market... From the data perspective of the two tokens, we can see one is bottoming out while the other is sprinting to a high point: #AGT - After experiencing high volatility, it has started to enter a consolidation phase. The concentration of short positions has significantly decreased compared to the high concentration of shorts at the beginning of July. The whale alert shows that whales are more inclined to close their short positions, while retail investors are more inclined to short. In terms of momentum, the bearish momentum continues to decline, suggesting that the bearish trend is nearing its end, presenting a potential rebound opportunity. #MYX - After today's rise, the concentration of bullish positions has significantly increased, with a large number of traders obviously entering long positions (whale alert + bullish and bearish strength pairing). The squeezing momentum also indicates that recent bullish momentum continues to increase, and both positions and momentum are starting to enter a high-level phase, so be wary of overheating risks! 1) #blave
Additionally, if the main players want to clear excessive speculative funds in the market, they can observe the liquidation data... The $AGT liquidation map shows a large area of long liquidations concentrated between 0.00475 and 0.00488, with a significant area of short liquidations only appearing above 0.00565. Recently, the volume of long liquidations for AGT has been gradually decreasing. On the other hand, the $MYX liquidation map indicates that the most recent area of long liquidations is concentrated between 0.203 and 0.207, with the latest short liquidation area at 0.228. Today, there has been a significant volume of short liquidations close to the levels seen in early July. This is worth noting! Data is all below 👇🏻 End)
Show original
7.49K
0
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.