Top Trader Is Long Bitcoin, Ethereum, Short Litecoin, Cardano...And Thinks Shiba Inu's Time Has Passed
Top Trader Is Long Bitcoin, Ethereum, Short Litecoin, Cardano...And Thinks Shiba Inu's Time Has Passed
Crypto researcher Trade The Flow on Thursday offered trading ideas to navigate the current sideways price action in the crypto markets.
加密研究員Trade The Flow在週四提供了交易想法，以應對加密市場當前的橫盤價格走勢。
What Happened: Trade The Flow suggested that long/short pair trading could be an effective strategy in these choppy conditions and offered several trade ideas.
發生了什麼：Trade The Flow建議在這些複雜的條件下，開多/開空交易對可能是有效的策略，並提供了幾個交易想法。
Among his suggestions were long positions on Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), paired with short positions on Litecoin (CRYPTO: LTC) and Cardano (CRYPTO: ADA), respectively. He reasoned that BTC and ETH are leading the market and have potential catalysts ahead like the Ethereum ETF, while LTC and ADA lack network effect and real activity.
他的幾個建議包括開多比特幣(CRYPTO: BTC)和以太坊(CRYPTO: ETH)，與開空萊特幣(CRYPTO: LTC)和艾達幣(CRYPTO: ADA)，他認爲BTC和ETH引領市場並有潛在的催化劑，如以太坊ETF，而LTC和ADA缺乏網絡效應和實際活動。
Among his many strategies, he suggests longing Pendle (CRYPTO: PENDLE), and shorting Ondo Finance (CRYPTO: ONDO). Although both have similar narratives there are huge discrepancies in their protocol metrics.
在他的衆多策略中，他建議開多Pendle (CRYPTO: PENDLE)，並開空Ondo Finance (CRYPTO: ONDO)。雖然兩者有相似的敘述，但他們的協議指標存在巨大的差異。
In the meme coin universe, he includes longing Pepe (CRYPTO: PEPE) and shorting Shiba Inu (CRYPTO: SHIB), as the former is the most established meme of crypto culture that continues to catch a lot of market attention. Shiba Inu's time has passed in his opinion.
在meme幣的宇宙中，他建議開多Pepe(CRYPTO: PEPE)，開空Shiba Inu(CRYPTO: SHIB)，因爲前者是繼續引起市場注意的加密文化中最成熟的meme。他認爲Shiba Inu的時代已經過去了。
Meanwhile, on the PEPE/ETH pair, the trader stated, "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."
與此同時，在PEPE/ETH交易對上，交易員表示：“如果您將PEPE視爲ETH的高beta，則這對交易可以在市場下跌時平穩一些您的回撤，但如果市場上漲，您仍然有很大的上漲空間。”
Also Read: Here's How Bitcoin And Altcoins Will Behave 'Until Fed Cuts Rates,' According To Veteran Crypto Analyst
還閱讀：根據經驗豐富的加密分析師，這是比特幣和替代幣將如何表現，直至聯儲局降息。
Why It Matters: 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.
爲什麼很重要：Trade The Flow的見解爲當前市場條件和潛在交易策略提供了獨特的視角。他針對開多/開空交易對的建議可以幫助交易員應對市場的波動，甚至在看淡市場中可能實現盈利。
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."
但是，與任何交易策略一樣，交易員需要進行研究，並考慮他們的風險容忍度，然後再進行任何交易。正如Trade The Flow本人所指出的：“交易對的組合是無限的，這只是其中一些的一瞥。”
The trader added that these types of trades enable to be more market neutral and smoothen profit & loss to the downside and build a bigger position.
交易員補充說，這些類型的交易可以更市場中立，平穩盈利和損失並建立更大的頭寸。
What's Next: The influence of Bitcoin as an institutional asset class is expected to be thoroughly explored at Benzinga's upcoming Future of Digital Assets event on Nov. 19.
下一步：比特幣作爲一種機構資產類別的影響預計將在Benzinga即將到來的數字資產未來活動上得到深入探討。
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
此內容部分使用人工智能工具生成，並由Benzinga編輯審查和發佈。
Image: Shutterstock
圖片：shutterstock