After a round of calculations, I still decided to continue hedging. To put it simply, I’m here to participate in the trading competition and earn some rewards. If I really wanted to do secondary hype, there’s no need to go through so much trouble; this time, I added another 43,000 positions. Currently, the profit on a single account is quite good, basically around three to four hundred dollars.

I can add margin at any time, mainly to prevent being caught in a妖币 (speculative coin). However, from the on-chain address data, there are no obvious signs of dumping, nor have I seen any new buying activity. Interestingly, market makers have been mostly offloading around this price during the trading competition — indicating there is indeed a strong price resistance here.

It was precisely because I observed this that I stuck to the hedging strategy. Instead of recklessly chasing higher prices, it’s better to manage risk prudently and wait for clearer signals before making adjustments.