Bit of a clarification on this post. *Our algorithm* chooses the best 5 crypto and 5 worst crypto assets to short by conducting an RSI analysis on the change in market sentiment.
Both Sentiment Edge and Symphony are accruing TVL fast.
Sentiment Edge went from $40K TVL to $158k TVL in the past 30 days.
Symphony went from $20k to $110k in the past 30 days.
A sign that the algorithm is working. Symphony is slightly more risk-adjusted in terms of drawdowns by expanding selection to 10 best and 10 worst.
1/ Again, we choose the 5 best crypto assets to long and the 5 worst crypto assets to short by our own propriety market sentiment analysis.
$ASTER, $LINEA, $WLFI, $MERL, $IP = Worst Sentiment
$PAXG, $JTO, $JUP, $VIRTUAL, $TAO = Best Sentiment

13.39K
15
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.