Grayscale's altcoin holdings from this bull market cycle have mostly pumped. The next cycle can focus on Grayscale's positions. I looked at their main holdings, which are primarily legacy altcoins like XRP, BCH, ZEC, LTC, ETC, XLM, and others. They share several very typical common characteristics:

First, their 2021 highs have not broken above the 2017 peaks, and they've been under long-term major-level suppression;

Second, since 2018 they've experienced consolidation and shakeouts for over 2,500 days, with chips fully changing hands;

Third, long-term oscillation and convergence, forming large-scale triangle consolidation patterns;

Grayscale's altcoins from this bull market cycle have basically all pumped. ZEC surged in the final stage of the bull market, BCH has been steady, BTC, ETH, SOL and other mainstream assets need not be mentioned, LPT rallied 5x in the first half, XLM rallied 7x last November, LINK and BAT each rose 7x and 5x respectively.

Currently only MANA, ETC, and FIL haven't moved. MANA is a metaverse concept from the previous cycle, ETC is a legacy POW coin, FIL has heavy lock-up positions. Overall, Grayscale's holdings have over an 80% probability of pumping.

Grayscale updates its holdings and watchlist every quarter. The latest watchlist includes: HYPE, UNI, TAO, ENA, IP, HNT, VIRTUAL, JTO, AERO, GRASS, SYRUP, GEOD.$ETH ‌#Gate广场AI测评官