Portfolio update, all-in edition. UNI, MORPHO, LQTY, YB. My thesis is that alt season will hit sometime in H1 2026. Because ICOs are legal again, revenue share is legal, Base is going to TGE, Tempo and Arc are going to launch, ZEC run foreshadowed more alt runs to come. That means alt season. I don't make this prediction lightly. If you quickly search my posts, you'll see I correctly called alt season in November 2024. I profited massively and was out of alts in January. Haven't called for alt season since. With that as my thesis, here's my portfolio. UNI and MORPHO - Both highly professional teams, with huge moats, and huge growth potential. Token holders are respected, clear path to distributing revenue - UNI token hasn't fully priced in fee switch, as market is so depressed. When market conditions improve, this will run hard - MORPHO is an under-the radar token. Volumes are much lower than AAVE, and it isn't discussed much on X. Lots of room to grow mind-share and trading volume - Both tokens are very strong against BTC and ETH in recent months - Both projects are established on Ethereum and Base, and will thrive on Monad, Arc, and Tempo LQTY - All you have to do is read Vitalik's recent manifesto, and look at the renewed interest in fundamentals manifested in ZEC run - Liquity is as decentralized and cypherpunk as it gets, with also strong growth potential through the forkonimics strategy - Make no mistake, Ethereum Foundation will deposit to Liquity in 2026 - I own more LQTY than ever, and expect it to do multiples in 2026 YB - New project from Curve founder - Tbh, I don't think anyone expect the core team properly understand Yieldbasis (including me) - All I know is that Yieldbasis pool volumes are huge on Curve, and that the future of Curve rests on Yieldbasis - Systemically important to Curve, yet hugely undervalued compared to CRV - Immediate catalysts of fee switch and loan increase of from Curve - Fundamentally, this is a bet on BTC volatility Like I mentioned above, I'm all in and expect alt season in H1 2026. Prices could go down more, but I have conviction that they will be much higher at some point in H1.