Short Bitcoin, long Ethereum, this hedging method can be better, playing in a volatile market, earning on the exchange rate difference, and your entry points must be precise. The entry point is used to find the balance of profit space between the two. Once the profit of one coin significantly increases to target 1, set a stop-loss for the principal, then after the other entry point is executed, run away. There have been quite a few times operating like this in the previous volatile market.
Yesterday, Thursday, I was really frustrated, it rose from 100150 to 102500, and then we had a long position hanging for a day at 99800, which was a bit off, and it rose all the way to 102500, which really annoyed me.
I wanted to take both long and short positions yesterday, but unfortunately, I didn't get the long position and didn't want to do the short one, because my thinking yesterday was to go long and leave some position for hedging short, which would reduce risk, but unfortunately, my order didn't get executed.
Come on, it's Friday, let's eat from both ends, bring in the entry points, and there's room for both.