Here's how I'm positioning my portfolio heading into 2026. The conviction play remains Bitcoin dominance—it's still the most resilient asset class in this cycle, so I'm keeping a meaningful allocation there. Ethereum gets the second-largest slice; even with all the noise around L2s, the core network effects remain solid. Then I'm diversifying across smaller-cap Layer 1 and Layer 2 solutions that have genuine adoption metrics, not just hype. A chunk goes into DeFi primitives—lending protocols, DEXs, yield farming infrastructure that actually generates cash flows. I'm also holding some alt L1s that solved real scalability problems, plus a tactical position in emerging narrative plays that could surprise. The rest stays in stablecoins for dry powder to accumulate dips. Risk management means no single position blows up my thesis if it goes to zero. It's not about chasing every hot token—it's about structural bets on infrastructure that'll still matter when this bull run cools.