Bitcoin Dip Buyer

Thesis

Buys BTC after a sharp daily fall, aiming to profit when Bitcoin recovers.

Strategy

• Entry: Checks each minute and opens one BTC long when its price is at least 5% below midnight UTC. • Size: Uses the allocated USDC for about 1x BTC exposure, raised to Hyperliquid's minimum order when needed. • Exit: Holds BTC until you stop the agent; it does not add to an open position.

Exposure

• Holds: BTC and USDC — A BTC long perpetual contract backed by USDC collateral. • Venue: Hyperliquid — Allocated USDC sits on HyperCore; starts with at least 20 USDC. • Leverage: About 1x — BTC exposure roughly equals allocated USDC, with no exposure multiplier. • Costs: Fees and funding — Pays Hyperliquid trading fees and pays or receives ongoing funding. • Data: Circuit — Uses Hyperliquid BTC prices and the midnight UTC price. • On unwind: USDC — Closes the BTC position and leaves USDC on Hyperliquid.