BTC - INDECISION IS KING BUT VOLA IS LOW. WHAT TO DO? OPTION#1
Its level is 1:1 (excluding hodlers that are long by definitions and do not trade the trend) meaning that for each long position there is 1 short. Total uncertainty among market participants.
Shorts are at their min
And so are Longs
It means that the total number of people POSITIONED in themarket is very low. Many are out.
What to do then?
Tough to trade with leveraged positions, much safer to do it with options. The is very low, which is the perfect environment to buy options, the direction is not important.
I am considering buying a straddle ( a call and a put at current price strike), aiming at to go up. I do not care of the direction, if there is an abrupt movement and vola increases, straddle will gain.
(not strangle because it implies a movement first, which we do not know when will happen)
OPTION#2 in the next idea (still linked to low scenario we are in)