Strong USD Pressures Crypto: Delta-Neutral Strategies

The USD is showing strength, particularly against the JPY (USD/JPY at 152.63) and Swiss Franc (USD/CHF at 0.7673). Furthermore, EUR/USD at 1.1974 is above the 1.10 threshold, but the strong performance against JPY and CHF suggests that risk assets, including cryptocurrencies, could face downward pressure. [Funding rate](/glossary#funding-rate) traders should be wary of shorting the USD due to the clear strength against some currencies, and consider adjusting their delta-neutral positions to account for potential crypto price declines.