According to Miles Deutscher, a popular contrarian trading strategy suggests doing the opposite of the herd. This approach can often be profitable in cryptocurrency markets as it leverages the emotional biases of other traders. Deutscher emphasizes that this tactic requires thorough market analysis and a strong understanding of broader market trends to identify potential overbought or oversold conditions. Traders could benefit from this strategy by identifying when the market sentiment is overly bullish or bearish, allowing them to position themselves advantageously. [Source: Twitter/@milesdeutscher]