October Bitcoin

Thesis

Takes one small position that benefits if Bitcoin rises during October 2026, then exits at a loss threshold or month-end.

Strategy

• One October entry: It enters once on the first eligible run during October and keeps any partial fill without topping up. • Sizing: The default position is 5% of allocated USDC, with adjustable exposure; an affordable venue minimum can make it larger. • Exit: It requests an exit after Bitcoin falls 5% below entry, or on the first eligible run from November 1, 2026 UTC.

Exposure

• Holds: BTC perpetual long — A Hyperliquid perpetual contract, which tracks Bitcoin without owning Bitcoin itself, backed by allocated USDC. • Venue: Hyperliquid — Review and fund the agent in Terminal before starting. • Leverage: None by default — The default position is 5% of allocated USDC; the loss check is not a guaranteed loss cap and liquidation can cause larger losses. • Costs: Fees and funding — Trading fees, hourly funding payments and execution costs reduce returns. • Data: Circuit — Checks prices when Bitcoin moves and every hour, skipping decisions when required data is missing or old. • On unwind: Position closes — Stopping the session closes its remaining contract position; your USDC stays on Hyperliquid.