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.
加密研究员Trade The Flow在周四提供了交易想法，以应对加密市场当前的横盘价格走势。
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.
发生了什么：Trade The Flow建议在这些复杂的条件下，开多/开空交易对可能是有效的策略，并提供了几个交易想法。
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.
他的几个建议包括开多比特币(CRYPTO: BTC)和以太坊(CRYPTO: ETH)，与开空莱特币(CRYPTO: LTC)和艾达币(CRYPTO: ADA)，他认为BTC和ETH引领市场并有潜在的催化剂，如以太坊ETF，而LTC和ADA缺乏网络效应和实际活动。
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.
在他的众多策略中，他建议开多Pendle (CRYPTO: PENDLE)，并开空Ondo Finance (CRYPTO: ONDO)。虽然两者有相似的叙述，但他们的协议指标存在巨大的差异。
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币的宇宙中，他建议开多Pepe(CRYPTO: PEPE)，开空Shiba Inu(CRYPTO: SHIB)，因为前者是继续引起市场注意的加密文化中最成熟的meme。他认为Shiba Inu的时代已经过去了。
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."
与此同时，在PEPE/ETH交易对上，交易员表示：“如果您将PEPE视为ETH的高beta，则这对交易可以在市场下跌时平稳一些您的回撤，但如果市场上涨，您仍然有很大的上涨空间。”
Also Read: Here's How Bitcoin And Altcoins Will Behave 'Until Fed Cuts Rates,' According To Veteran Crypto Analyst
还阅读：根据经验丰富的加密分析师，这是比特币和替代币将如何表现，直至美联储降息。
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.
为什么很重要：Trade The Flow的见解为当前市场条件和潜在交易策略提供了独特的视角。他针对开多/开空交易对的建议可以帮助交易员应对市场的波动，甚至在看淡市场中可能实现盈利。
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，与任何交易策略一样，交易员需要进行研究，并考虑他们的风险容忍度，然后再进行任何交易。正如Trade The Flow本人所指出的：“交易对的组合是无限的，这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.
交易员补充说，这些类型的交易可以更市场中立，平稳盈利和损失并建立更大的头寸。
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：比特币作为一种机构资产类别的影响预计将在Benzinga即将到来的数字资产未来活动上得到深入探讨。
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
此内容部分使用人工智能工具生成，并由Benzinga编辑审查和发布。
Image: Shutterstock
图片：shutterstock