Crypto analyst criticises Shiba Inu, Cardano, and Litecoin

Crypto analyst Trade The Flow has expressed bearish views on Shiba Inu (CRYPTO:SHIB), Cardano (CRYPTO:ADA), and Litecoin (CRYPTO:LTC), offering alternative trade ideas for the current market conditions.

He suggests a long/short strategy, recommending long positions in Bitcoin (CRYPTO:BTC) and short positions in Litecoin, citing Bitcoin's ETF addition and Litecoin's lack of network effect.

Additionally, he advises longing Ethereum (CRYPTO:ETH) and shorting Cardano, favoring Ethereum's strong development over Cardano's low activity.

For meme coins, he recommends longing Pepe (CRYPTO:PEPE) and shorting Shiba Inu due to Pepe's market attention.

Other pair trade ideas include longing Pendle (CRYPTO:PENDLE) and shorting ONDO (CRYPTO:ONDO), as well as longing Lido and shorting Ether.fi, based on their protocol metrics and token unlock schedules.

Trade The Flow's recommendations focus on leveraging market trends and discrepancies to optimise returns.