Crypto Researcher Trade The Flow Offers Trading Ideas to Navigate Current Sideways Price Action in the Crypto Markets

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

A crypto researcher known as Trade The Flow shared some trading ideas on Thursday to help navigate the current sideways price action in the crypto markets.

What Happened: Trade The Flow suggested that long/short pair trading could be an effective strategy in these choppy conditions.

Here are some of his trade suggestions:

Long Bitcoin (BTC) BTC/USD and short Litecoin (LTC) LTC/USD. Trade The Flow’s reasoning: BTC is leading the market and has potential catalysts ahead (e.g., Ethereum ETF) — LTC lacks network effect and real activity.

Long Pendle (PENDLE/USD) and short Ondo Finance (ONDO/USD). Trade The Flow’s reasoning: Both have similar narratives (NFT liquidity protocols), but there are huge discrepancies in their protocol metrics (e.g., PENDLE has 100x more volume than ONDO).

Long Pepe (PEPE/USD) and short Shiba Inu (SHIB/USD). Trade The Flow’s reasoning: PEPE is the most established meme of crypto culture that continues to catch a lot of market attention (e.g., Elon Musk mentions); Shiba Inu had its time.

On the PEPE/ETH pair, the trader said, "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."

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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.

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."

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

What’s Next: 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.

This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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