According to ChainCatcher, crypto KOL 0xSun posted on X platform that investors can develop different hedging strategies based on the public sale situation.
If the public sale proceeds slowly, one can completely choose not to participate. If the public sale participation progresses quickly, one can participate in hedging while maintaining sufficient margin, with the risk being the 24-72 hour token distribution interval after the public sale ends. "One scenario is when the pull-up contract causes a short liquidation, and the countermeasure is to maintain enough margin, which is equivalent to reducing capital utilization to enhance safety.
The second scenario is when spot trading opens earlier than token transferability, manipulating spot prices to pull up the market. Even if the contract price does not follow, it will become a negative funding rate, and hedging retail investors who do not close their short positions will be tortured by the rate. If they close their short positions, the coins in hand will become naked long positions, bearing the risk of price fluctuations."
