Trader 0xSun wrote that news-driven trading remains one of the most cost-effective strategies in the current crypto market, its core being the directional and volatility effects of events. He reviewed several recent events, including abnormal ETH trading, Arc fee adjustments, TAO ecosystem changes, RAVE-related investigations, and the KelpDAO security incident, all of which triggered significant price fluctuations in a short period. He believes that participating in such opportunities requires speed of information acquisition or the ability to assess the impact of events. Furthermore, he stated that as the altcoin market has gradually cooled down recently, he has reverted to a strategy of going long on BTC and hedging short positions in some altcoins, believing that in the context of weak liquidity and the fading of some narratives, the overall performance of altcoins may be relatively under pressure.