Strong USD Signals Caution for Crypto Delta-Neutral

The USD is showing strength across multiple pairs. EUR/USD at 1.1794 (well above our < 1.08 threshold), USD/JPY at 157.09 (above 150) and USD/CHF at 0.7779 all point to a risk-off environment, which typically pressures crypto assets. [Delta](/glossary#delta)-neutral traders should be aware of potential downward pressure on crypto prices and adjust [funding rate](/glossary#funding-rate) strategies accordingly, potentially considering short positions or increased hedging.