Crypto researcher Trade The Flow suggests pair trading as an effective strategy in the current sideways market. He recommends long positions on Bitcoin (BTC) and Ethereum (ETH), paired with short positions on Litecoin (LTC) and Cardano (ADA). He believes BTC and ETH are market leaders with potential catalysts like the Ethereum ETF, while LTC and ADA lack network effect and real activity.
He also recommends longing Pendle (PENDLE) and shorting Ondo Finance (ONDO) due to discrepancies in their protocol metrics. In the meme coin space, he suggests longing Pepe (PEPE), believing it's the most established meme of crypto culture, and shorting Shiba Inu (SHIB), as he thinks its time has passed.
These pair trades aim to be market-neutral, smoothing profit & loss on the downside and building larger positions.
This analysis offers valuable insights into current market conditions and potential trading strategies, but traders should conduct their own research and consider their risk tolerance before making any trades.
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