Author: Haotian
1）$BTC: The logic for bottom-fishing should hardly need explanation. According to the cycle theory, BTC will be the fastest-rising asset in the early stages of the next bull run, and it is the only asset that offers a decent holding experience during the bear market bottom-building phase. Additionally, many people missed out on BTC in the last cycle when it led the charge, and retail investors hold relatively little.
Furthermore, pure BTC Maxis could also consider buying MSTR, a highly correlated leveraged BTC asset with almost no near-term risk of collapse, which has already halved and halved again from its peak. Its potential surge would be doubly rewarding;
2）$ETH: The logic for holding ETH might surprise many, who simply think of ETH as the last hope for the Crypto Native ecosystem. That's why I've swapped most of my other altcoin holdings into ETH, including some SOL.
It might sound like guarding the faith of Crypto, but behind it lies more of an "optimistic" mindset regarding narratives like the widespread adoption of stablecoins, the upgrade of Tokenization infrastructure, the integration of RWAFi and DeFi, and the Agentic Economy. Especially since the potential of ETH hasn't been fully unleashed, when the next bubble blows up, it might just be a shinier asset than BTC;
3）$SOL: Although I've swapped some into ETH, my SOL position is still sizable. The reason is that, as an ecosystem that carried the last cycle's MEME craze, AI Agent craze, DePIN, and consumer-grade application expectations, Solana has proven its team's strength with a stunning comeback.
Moreover, the Firedancer client coverage, Alpenglow consensus upgrade, and ICM internet capital narrative are still in the pipeline. Calling SOL a MEME chain is unfair—it just happens to have the strength to carry the MEME craze. When the next hot narrative arrives, SOL will remain a resilient ecosystem with strength and economic vitality;
4）$HYP: I started quietly bottom-fishing and building a position early on, and many think highly of it too. But my confidence in HYPE comes from two things: 1. HYPE is the only new coin that emerged from the last bull run, perfectly standing against the bearish sentiment on altcoins. If playing the altcoin market is like panning for gold in a cesspool, then HYPE shines brightly;
2. The HIP-3 protocol has elevated the Hyperliquid narrative to the level of an on-chain Binance or even on-chain CME. Tradexyz has generated massive off-chain incremental trading through crude oil, gold, and silver futures. The potential of HIP-4 in combining outcome options with prediction markets has yet to be fully unleashed. So, HYPE still has great potential. If not for the persistent large unlocks and the lack of a thorough cross-cycle structural shakeout, it would likely have already mooned;
5）$TAO: Choosing TAO doesn't involve complex reasons—it's simply the leading project in the AI + Crypto narrative, and it has proven its strength in Covenant's distributed model training. Although the ecosystem later saw divergence and Covenant dumped its holdings and left, it was precisely during this significant correction opportunity that I completed my position in TAO.
Because no long-tested project will fade away due to a local ecosystem squabble. Moreover, the Agentic Economy narrative will definitely blow up again. Choosing TAO is simply getting in early to stake a position;
6）$ZEC: A bit regretful I didn't manage to position myself early when Naval was shilling it, but during this pullback, I've gradually added to my position. The reasoning is simple too: choosing ZEC is simply because the privacy track in Crypto cannot be falsified. It is both necessary for the innovation of AI productivity and a must for regulatory compliance.
In other words, even if the decentralization narrative is falsified, the strong demand for privacy track solutions will always exist. This isn't yet obvious in the current AI-dominated era, but when the AI bubble reaches a bottleneck, or when the race for big model computing power enters the second half of the Agent application economy's takeoff, privacy demands (ZK, FHE, quantum encryption technologies) will inevitably become a fundamental need for Crypto to ride the AI wave. It fits perfectly.
