The logic of $EDGE is completely correct. The liquidity on weekends is poor, dropping from a high of 1.19 all the way down to 0.86. I just didn't expect the project team to pull it up like this on Friday, and I set a stop loss that night because I was afraid the project team would push it up all at once. However, on Saturday, I continued to open short positions. The strategy over these past few days has been fine, but the practical execution still needs improvement.
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懂事长小宝
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BearishToday $EDGE skyrocketed. This afternoon, I was thinking that tomorrow is the weekend, and liquidity is relatively poor, so it definitely needs to drop a bit. I simply opened a short position of 500u at the 0.82 position. Later in the afternoon, I didn't check, and it went straight up. The liquidation price is at 1.6. If it goes up more, I will continue to open shorts with another account. To be honest, 1.6 is still somewhat safe, but I don't dare to open it with the same account again, so I can only use another account. Let me briefly talk about edge. The perp dex track belongs to the top exchanges, but to be honest, with the current FDV already very high, it peaked at around 1.2b, and the final good news from the Korean exchange hasn't come out yet, so it won't keep skyrocketing like this.
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