This report reflects the discussions and views shared during our RA meeting. These are personal opinions of the team members and should not be interpreted as financial or trading advice. Readers should conduct their own research and consult with financial advisors before making any investment decisions.

🟢 Overall Stance: The team remains constructive and is slightly bullish, though allocations have been tactically reduced after strong summer rallies. Profit-taking in ETH, HYPE, and SOL has left positioning lighter, with plans to sit on the rest of the remaining spot positions. Portfolios are now more balanced, roughly half allocated, with conviction intact but tempered by near-term expectations of consolidation. BTC remains a...