Just closed out my ETH/BTC short. It was mainly meant as a hedge in case of a big Bitcoin selloff, with the thought that ETH would crash harder. I probably broke even on the trade, having had to pay margin interest for about 6 months.
Why did you close the position.
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It’s hard to be bearish on Bitcoin right now, and eth/btc could have found some support
Because bitcoin is probably not gonna crash very hard in near future.