Crypto Researcher Trade The Flow Offers Long/Short Pair Trading Ideas To Navigate Market\'s Sideways Price Action

Crypto researcher Trade The Flow on Thursday offered trading ideas to navigate the current sideways price action in the crypto markets.

Crypto researcher Trade The Flow shared his trading ideas to navigate the current sideways price action in the crypto markets on Thursday.

Trade The Flow suggested that long/short pair trading could be an effective strategy in these choppy conditions. He offered several trade ideas, including:

- Long Bitcoin (CRYPTO: BTC) and short Litecoin (CRYPTO: LTC)

- Long Ethereum (CRYPTO: ETH) and short Cardano (CRYPTO: ADA)

- Long Pendle (CRYPTO: PENDLE) and short Ondo Finance (CRYPTO: ONDO)

- Long Pepe (CRYPTO: PEPE) and short Shiba Inu (CRYPTO: SHIB)

He explained that BTC and ETH are leading the market and have potential catalysts ahead, while LTC and ADA lack network effect and real activity. He also noted that Pendle has a higher multiple than Ondo despite having lower protocol metrics. In the meme coin universe, he suggested that Pepe is more established than Shiba Inu.

"If you see PEPE as a high beta for ETH, then this pair trade can smoothen a bit your drawdown if the market is down, but you still have a lot of upside if it goes up," he said about the PEPE/ETH pair.

Trade The Flow's insights provide a unique perspective on the current market conditions and potential trading strategies. His suggestions for long/short pair trading could help traders navigate the market's volatility and potentially generate profits even in a bearish market.

However, as with any trading strategy, traders need to do their research and consider their risk tolerance before making any trades. As Trade The Flow himself noted, "There are infinite combinations of pair trade, and this is just a glimpse of some of them."

He added that these types of trades enable to be more market neutral and smoothen profit & loss to the downside and build a bigger position.

The influence of Bitcoin as an institutional asset class will be thoroughly explored at Benzinga's upcoming Future of Digital Assets event on Nov. 19. Don't miss out on the opportunity to learn from industry experts and gain valuable insights into the rapidly evolving world of crypto.

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