$AGT funding rate: 0.104% (227% annualized); longs pay.
The rate is unusually high, suggesting that leveraged long positions are crowded. Historically, overheated long positions can trigger cascading liquidations, so think twice before chasing the rally.
Combined with the 24h gain of +165.31%, sentiment looks overheated. Do you think this is the beginning or the end?
The rate is unusually high, suggesting that leveraged long positions are crowded. Historically, overheated long positions can trigger cascading liquidations, so think twice before chasing the rally.
Combined with the 24h gain of +165.31%, sentiment looks overheated. Do you think this is the beginning or the end?