Altcoin market value exchange rates seem to show signs of bottoming out!\n\nGoing long on altcoin exchange rates seems to have an opportunity, but going long on altcoin U-based still depends on BTC's performance;\n\nBy the way, how to operate when going long on exchange rates?\n\nAssuming you have 20000u idle funds and want to go long on ETH/BTC, you just need to open a short position of 10000uBTC and a long position of 10000uETH at the same time, which is equivalent to cross-currency hedging;\n\nIn a scenario where exchange rates strengthen, BTC rises, ETH rises more, profit!\nBTC falls, ETH falls less, still profit!\n\nSo if you can ensure the exchange rate strengthens, this is a trading opportunity!\n\nHowever, no one can ensure that the long-term weak ALTs/BTC exchange rate is not just a rebound this time, but a bullish trend at the bottom, so still be a bit cautious when trading, at least set a stop-loss;\n\nHere, taking ETH/BTC as an example, theoretically, any altcoin that has a correlation with BTC can be traded, the stronger the exchange rate trend, the better;\n\nSo why not go long directly on U-based?\n\nBecause you cannot determine whether the process of exchange rate strengthening is completed through BTC rising or falling, thus going long on altcoin U-based directly carries the risk of BTC retracement; \n\n#ETH市场新动向 #比特币盘整分析