What To Own This Cycle?

Bullish:

• $ETH - Ethereum is seen as a strong secondary catch-up trade, driven by technical analysis and institutional buying. The trade is supported by exogenous treasury companies entering the market and the overall trend of institutional investment in crypto assets.

  • “ETH is probably, like, in hindsight, looked good from a technical perspective for a while. And I kind of was too stuck in the fundamental analysis zone that I think we've both been harping on for a while. What's happening now is purely flow driven. It's purely the fact that people see ETH as a secondary catch up trade, and it has a lot of these exogenous treasury companies coming in and buying it.”

    Avi·14:53

  • “If we agree that this is an institutional cycle and they're buying quote unquote institutional assets, then you probably wanna own a portfolio of Bitcoin, Ethereum, and Ripple until those flows subside.”

    Avi·19:32
• $XRP - Ripple (XRP) is considered part of a portfolio of institutional assets that could benefit from the current cycle of institutional buying in the crypto market.

  • “If we agree that this is an institutional cycle and they're buying quote unquote institutional assets, then you probably wanna own a portfolio of Bitcoin, Ethereum, and Ripple until those flows subside.”

    Avi·19:32
• $LTC - Litecoin is showing strong performance, with a 20% increase from weekend lows. It's viewed as a potential treasury vehicle and is often considered the 'silver' to Bitcoin's 'gold'.

  • “Litecoin is trading very well. Litecoin went up 20% off of off of the weekend lows. That's pretty freaking strong. That chart looks good, I think, because people realize that Litecoin could also be rolled up a new treasury vehicle pretty easily. And that Litecoin is like the silver to the Bitcoin gold.”

    Avi·46:00
• $TON - TON is seen as a potential candidate for a treasury company, with the speaker taking a position based on this possibility. The investment is also supported by the view that Telegram is a good investment.

  • “I took out a flyer on TON because I thought that it's it's it's like almost unfathomable to me that they wouldn't try to do a treasury company for TON. I think at some point it's going to happen, and it's like telegram is a good investment.”

    Avi·34:20
• $GALAXY - Galaxy is viewed as having potential to become a meme stock, similar to Krispy Kreme or GameStop, with the possibility of significant price movement not necessarily based on fundamentals.

  • “I think Galaxy has the most potential to be one of these random meme stocks like Krispy Kreme or GameStock that just sends for absolutely no reason.”

    Jonah·37:16

Bearish:

• $COIN - The speaker has taken a bearish position on Coinbase by purchasing put options, indicating a belief that the stock price will decline.

  • “I personally also think it's it's over for the coin fanboys. I'll buy buy some puts on that. I own some puts on on on Coinbase. I have for I think I I bought them I bought them on yeah. Bought them Friday morning.”

    Avi·31:21