I’m long crypto , specifically altcoins, and shorted everything AI related with all my savings (20k).
Not because I think AI is fake. AI is obviously real. But the trade feels crowded, expensive, and almost universally loved. Everyone already knows the winners. Everyone already has the talking points. The valuations assume a lot goes right.
BTC dominance is the key chart for me right now.
This isn’t just “I hope alts pump.” The setup already looks like it may be starting. BTC dominance ran hard while alts bled, but now it looks like it’s losing momentum around the high 50s. If dominance starts rolling over from here, that basically means capital is no longer only hiding in BTC.
That’s when the rotation trade gets interesting and where asymmetric setups start, even if it feels horrible in the moment.
Meanwhile AI feels like the opposite side of the trade:
Loved. Crowded. Expensive. Treated like it can’t miss.
So the bet is simple: AI gives back some froth, BTC dominance eventually cools, and capital starts hunting for higher beta crypto exposure again.
Edit:
my positions...
Shorts: MU SNDK NVDA SKHYNIX overall postional value 50K leveraged
Longs: 10 alts overall positional value 50k leveraged