Crypto analysts are looking at certain altcoins in a proactive attempt to position their portfolios strategically. The rebalancing comes as Bitcoin (BTC) hovers around $68,000.

Typically, bullish sentiment in the Bitcoin market spills over to altcoins as capital rotates to smaller tokens with smaller market capitalizations.

Analysts Identify Top Altcoins Picks For Q4

Miles Deutscher, a popular crypto analyst, positions his portfolio with altcoins from select market sectors. He reveals a balanced blend of AI-focused projects and long-term meme coin holdings. These come as the analyst aims to capitalize on the technical and fundamental strengths of the following digital assets, among others.

Deutscher views Bittensor (TAO) as a leader in the AI cryptocurrency space, positioning it as his top holding for this cycle. He explains that TAO has been a high performer in his portfolio, driven by its AI infrastructure, which has garnered significant attention.

Another key asset in Deutscher’s portfolio is NEAR Protocol (NEAR), one of the leading Layer-1 (L1) blockchains for AI. While TAO leads the AI infrastructure sector, NEAR is positioned as the primary AI L1 solution, making it integral to the broader investment thesis. Additionally, according to Deutscher, NEAR’s growing prominence in the AI space makes it a compelling addition for those looking to diversify within the AI crypto niche.

Finally, Deutscher highlights Aethir (ATH) as another significant part of his portfolio among lower-cap assets. He emphasizes that while AI coins have been widely discussed, the market has yet to experience a full-fledged “AI season,” meaning many of these assets remain undervalued.

Read more: Top 9 Artificial Intelligence (AI) Cryptocurrenci

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Author: Lockridge Okoth

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