$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 and the other is sprinting to new highs:
#AGT - After experiencing high volatility phases, it has begun to enter a consolidation period. The concentration of short positions has decreased significantly compared to early July, and the whale alert indicates that whales are more inclined to close short positions, while retail investors are more inclined to short. On the momentum side, short momentum continues to decline, suggesting that the bearish trend is entering its final phase, creating a chance for a rebound.
#MYX - After today's rise, the concentration of long positions has significantly increased, with a noticeable influx of traders entering long positions (whale alert + long-short strength combination). The squeezing momentum also shows that recent long momentum continues to increase, and both the positions and momentum are beginning to enter a high-level stage, so beware of overheating risks!
In addition, if the main players want to clear excessive speculative capital from the market, we can observe the blave liquidation data...
The AGT liquidation map shows a large area of long position liquidations concentrated between 0.00475 and 0.00488, with significant short position liquidations only appearing above 0.00565. Recently, the volume of long position liquidations for AGT has gradually decreased.
The MYX liquidation map shows that the most recent area of long position liquidations is concentrated between 0.203 and 0.207, with recent activity at 0.228. Today, we see a large volume of short position liquidations close to early July levels. Worth paying attention to!
Data source: blave.org
