If you believe in the quantum trade, the best pair trade is:
long [the most quantum-forward coin]
short [the most quantum-backward coin]
You should probably make a basket out of this, but the simplest pair trade would be the very unpopular long ETH / short BTC.
Ethereum is by far the biggest contributor to quantum resistance with leanEthereum, while Bitcoin has a major social coordination problem.
The universe has given us the greatest pair trade [may be the first hedge of its kind] due to quantum computing.
Short BTC and long "strong" alts.
The goal has always been to "buy alts" to then accumulate more BTC [still true].
But with how well some coins have held up vs BTC tells me that either we're about to get mollywopped and they breakdown BIGLY,
OR they continue to go up and money continues to rotate out of BTC into other crypto plays until the quantum "FUD" is fully resolved.
I think the latter is more evident at the moment.
Probably an unpopular opinion but it is what it is.
~ Dr. Axius.