FICH Crypto is a systematic, long-only algorithmic strategy trading exclusively within the top 150 altcoins by market capitalization. Every Friday, our algorithm evaluates relative strength across the universe and automatically rotates capital into the most dominant digital assets — maximizing exposure to structural crypto trends while completely removing human bias.
If you have invested $1,000 with Fich Crypto on Jan 2020 you would now have $169,753
1. Market overview
Hotter-than-expected U.S. inflation data (September CPI 3.7% YoY; core CPI 2.6%) reignited concerns about sustained higher interest rates and potential Federal Reserve tightening, driving risk-off sentiment across crypto markets.
Bitcoin briefly fell below $80,000 before partially recovering to around $81,000–$82,000; Ethereum underperformed with multiple daily declines exceeding 5–6%.
Altcoins such as Solana, XRP, and Zcash dropped roughly 5% to 13%, contributing to nearly $1 billion in leveraged liquidations; total crypto market capitalization declined amid higher trading volumes and correlated weakness in global equities.
Institutional activity remained relatively resilient: spot Bitcoin and Ethereum ETFs saw mixed flows (including one-day outflows followed by rebounds), and corporate accumulation continued (e.g., Strive buying over 2,800 BTC).
Regulatory and infrastructure developments continued: the European Banking Authority designated USDC as the first significant e-money token under MiCA (enhanced oversight starting mid-November), stablecoin growth projections were raised by institutions like Standard Chartered, and tokenization and stablecoin payments integration advanced.
Outlook: markets are balancing macro headwinds with structural tailwinds (corporate treasuries, regulatory clarity, tech upgrades such as Solana’s planned consensus improvements), while watching upcoming indicators like PPI and labor data for further volatility cues.
Fich Monthly returns %
2. This week overview: Fich Crypto vs the market
Through 15 October 2026, Fich investment strategy returned −4.69% in October so far, against −1.65% for Bitcoin and −9.08% for Ethereum.
Stepping back to the year-to-date picture:
3. The portfolio this week: bought, sold, and held
On 15 October 2026 the system closed 6 positions and opened 7 new positions and held 2 from the previous week, leaving the portfolio at roughly 4.3% cash.
The algorithm systematically closes underperforming assets while holding positions with strong momentum.
Closed trades, return on each closed position:
Average closed-trade return: +23.38%. Hit rate: 3/6 (50% winners).
Current portfolio:
New Portfolio update
This week’s crypto market narrative centered on revenue-linked buybacks, major protocol integrations, and supply/dilution relief—developments that can directly translate into sustained token demand rather than one-off hype.
Optimism (OP) drew attention as Superchain expansion accelerated, led by Unichain’s move onto OP’s enterprise stack and a near-term mainnet timeline that improves interoperability across OP Stack chains. Just as important, governance-backed mechanics are tying ecosystem growth to token demand: a program allocating a significant share of sequencer revenue to recurring OP buybacks is moving into execution, reinforcing bullish sentiment alongside elevated volume.
Injective (INJ) saw a sharp repricing on a cluster of institutional catalysts. Progress on regulated tokenization infrastructure, expanding real-world asset and pre-IPO market pilots, and renewed ETF-related momentum combined to strengthen the “institutional DeFi” narrative. On-chain flows also supported the move, with tokens shifting from exchanges toward longer-term holders—often a constructive setup when demand rises.
Pyth (PYTH) strengthened its investment case by formalizing a clear value-capture policy: the DAO-approved framework routes product revenue into systematic, ongoing market buybacks. That policy landed alongside strong revenue and usage growth signals and deeper enterprise/AI-oriented data product upgrades, reinforcing Pyth’s positioning as critical market-data infrastructure across both DeFi and emerging RWA venues.
Celestia (TIA) benefited from tangible adoption of its data-availability layer—particularly from derivatives infrastructure choosing Celestia for settlement needs—while performance milestones reinforced the scalability message. Near-term focus also includes an upcoming network upgrade (with exchanges preparing operationally), which can act as a catalyst if execution is smooth and ecosystem activity continues to build.
Morpho (MORPHO)’s key headline was distribution: MetaMask’s Money Account routing into curated lending vaults creates a powerful funnel for stablecoin deposits and user growth. Combined with expanding deployments and rising borrowing activity, the integration strengthens Morpho’s claim as a default lending layer where product placement can matter as much as protocol design.
Aerodrome (AERO) is trading the “platform consolidation” theme ahead of its merger with Velodrome into a unified protocol spanning multiple EVM ecosystems. The strategic implication is broader liquidity reach and fee generation, with an investor-friendly shift toward directing trading fees to stakers—an important move as markets increasingly reward sustainable cash-flow models over emissions-led growth.
Aptos (APT) delivered a cleaner token supply story as its multi-year unlock schedule concluded, materially reducing emissions pressure. That supply relief was paired with meaningful core tech upgrades (execution improvements and MEV/privacy tooling) and ongoing ecosystem funding, creating a more supportive backdrop for risk-on positioning.
Overall, the strongest signals across these names were clear: protocols are increasingly competing on measurable value capture (buybacks/fees), distribution through large wallets and interfaces, and credible paths to institutional and real-world usage—all of which helped fuel the latest leg higher in volumes and price action.
4. Multi-year track record
By the end of last week, that hypothetical $1,000 was worth $169,753 in the strategy, versus $11,423 in spot Bitcoin and $18,677 in spot Ethereum.
Fich Crypto Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).
Disclosure: All performance metrics account for a 0.10% commission per trade side. Execution is strictly limited to the Top 150 altcoins by market capitalization, rebalanced every Friday. Full historical performance data is available at Fich.ai. This letter is for informational purposes only and does not constitute investment advice.