中文版:
<aside> 🔴 Disclaimer: Blave.org is data aggregation platform designed to assist you in making your own decisions. It is not intended to be investment or trading advice. Always do your own careful due diligence using multiple sources before trading or investing.
</aside>
The Blave team uses the Market Sentiment (MS) data for backtesting trading strategies: go long when the token MS reaches 1.5 (indicating traders are bullish) and exit the position when it reaches 0.
The performance from January 2022 to April 2024 is as follows:
| Total Profit & Loss (PnL, %) | +170.3% |
|---|---|
| Maximum Drawdown (MDD, %) | -30.7% |
| Sharpe Ratio (SR, %) | 3.91 |
Based on the above backtest data, observing market sentiment and trading with the trend will also have good trading performance, whether it is in a bull market or a bear market (2022).
As a good user, you must know that no indicator or data is perfect. The historical data does not represent the future. Cryptocurrency market is changing rapidly, you must acknowledge the risks of crypto investment, do your research beforehand, and be responsible for your own decisions!
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