When the market presents a clear directional shift, many traders face a pivotal question: should you consolidate positions and focus capital on a single strong performer?

There's always a case for concentration—putting substantial capital behind one conviction play can amplify returns in a bull cycle. But here's the real question: which asset justifies that level of commitment? Is it the highest conviction narrative? The strongest technical setup? The most undervalued fundamentals?

The beauty and challenge of crypto markets is that there's rarely one "obvious" answer. Different cycles reward different thesis—sometimes it's blue-chip majors like Bitcoin and Ethereum, sometimes emerging Layer-2s or DeFi protocols capture the most upside. Sometimes it's about network adoption. Sometimes it's about tokenomics and incentive mechanisms.

What's your thesis? What makes a particular ticker worthy of an all-in allocation in your view? The market rewards clear thinking and conviction—but also punishes lack of diversification when the narrative shifts.