About hedging, let me briefly explain:

Short hedging has only one purpose, which is to save your long position that is trapped in critical moments, lowering the liquidation of your long position, not for profit. The short position generally needs to be 1/4 lower than the long position. Because it is just a supplementary position. This way, when the market improves, you can minimize losses or even make a slight profit during a pullback.

There is also a method to break a trapped position. If the market suddenly reverses and you find yourself trapped, then decisively make a decision: reduce your position by 25% at the first moment, for example, if you reduce your long position by 25%, simultaneously open a 25% short position, and take profit downwards during the pullback. For instance, if the long position is trapped by 3 points, after reducing by 25%, open a 25% short position to earn back the floating loss of that reduction when the price drops more than 3 points from the current price. This can help you escape from a trapped position, and occasionally you can profit from both sides.

However, in situations where the position is not that dangerous, hedging should be used with caution. Do not touch it unless in a crisis, as beginners may easily end up trapped on both sides. As long as you maintain good trading habits, you generally won't need to hedge. This is for advanced traders, requiring high skill and psychological resilience, and you must be well aware of the rhythm of entry and exit for this cryptocurrency in the short term.