The current market focus is clearly on the AI sector, leading to a relatively quiet cryptocurrency sector. To balance the risk of my AI positions, I adopted a left-side trading strategy and allocated some $CONL and $HOOX in batches as a hedge. However, upon returning from a meal and checking the market, I found that the trends of these two assets had surprisingly declined synchronously.

Regarding the specific trading logic:

For HOOX, I intervened on Monday, using 2x leverage. The main basis was that the underlying stock $HOOD retraced to the theoretical support range of 70s predicted by Ben Cat and showed signs of stabilization. I confirmed the price rebound after observing for a whole day before officially entering the market.

As for CONL, it is a 2x leveraged product that I built a position in two days ago. Its stop-loss point is strictly anchored at the 145 price level of the underlying stock $COIN. Once this position is effectively broken, the lower support may need to look towards around 120s.

Regarding the subsequent exit plan:

Given that I hold a 2x leveraged product, the wear and tear costs cannot be ignored. Therefore, I plan to exit when I capture the next impulse rebound to avoid Volatility Decay risk. If the market maintains a downward trend, I will choose to cut losses and switch back to the underlying stock for long-term holding.

As per the strategy previously formulated, my total left-side position is currently strictly controlled within 5%, with the ultimate goal of reaching a total holding of 10%. Although there was an opportunity to increase positions after hours, I have not acted out of caution and have decided to wait for confirmation after tomorrow's opening before making a decision.

With this in mind, I continue to enjoy the boiled fish in front of me.