Odaily Planet Daily News: Crypto KOL 0xSun (@0xSunNFT) suggested on the X platform that investors can develop different hedging strategies based on public sale conditions. If the public sale progresses slowly, it is completely fine not to participate. If the public sale progresses quickly, one can participate in hedging provided that sufficient margin is reserved; the risk lies in the 24-72 hour token distribution interval after the public sale ends. 'One scenario is that the contract is pulled up while short positions are liquidated; the countermeasure is to keep enough margin, which effectively lowers the capital utilization rate to enhance safety. The second scenario is that spot trading opens before the tokens are transferable. By manipulating the spot price upwards, even if the contract price does not follow, it will turn into a negative fee rate. Retail investors who hedge will be tortured by fees if they do not short; if they do short, then the coins they hold will become naked longs, and they will have to bear the risk of price fluctuations.'