Today's hedging strategy is to continue holding Bitcoin to hedge against STX, and new positions are also OK
The specific reasons were explained yesterday, so I won't repeat them.
The volatility of STX is still sideways, and there was a slight profit from opening positions at highs yesterday.
However, if you keep hedging, the profit from funding fees is considerable.
You can check the history of funding rates, which is a bit outrageous.
Profits cannot last long. Even if STX rises again, it cannot change the fact that it focuses on narrative and neglects development.
There is no ecology, only stories, and the current price has paid a premium.
So, wait for the return.
