I think the long $BTC / short altcoins trade is going to get increasingly popular until it rips in the face of everyone in it with a vicious rally
I've been hammering the trade over the past 3 months but I am trying to think a lot about risk management to avoid getting squeezed at some point
Btw this $YFI chart is also a great illustration of the notion that we don't have cycles anymore in crypto, we just have a succession of clearly defined risk-on/risk-off seasons :
326
77.15K
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.