Traders who believe ETH will recover but unlikely surpass $3,800 ahead of May can benefit from the skewed iron condor strategy.
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Traders who believe ETH will recover but unlikely surpass $3,800 ahead of May can benefit from the skewed iron condor strategy.
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Pro traders often use the risk reversal options strategy to hedge their bets and profit in the case of an unexpected rally.
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The crypto market is starting to turn around, raising opportunities for risk averse traders to use the Long Condor options strategy to long ETH.
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Even in the fast-paced cryptocurrency market, favorable conditions that fuel massive rallies often take days to materialize.
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Bloomberg analysts expect a BTC ETF approval in the next few months, and clever options traders might use this strategy to profit from the possibility.
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Traders who believe ETH will reach $5,000 can use this low-risk options strategy to cast a long bullish bet.
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