Crypto Strategy - Surviving the Volatility
Week 22 of no opinion, just math: The weekly execution log of a quantitative crypto strategy.
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 $130,676
1. Market overview
Geopolitical tensions between the U.S. and Iran drove a risk-off move, pushing Bitcoin from above $77,000 to below $73,000 and triggering over $1 billion in liquidations; Ethereum underperformed while XRP rebounded above $1.30 on strong volume.
Spot Bitcoin ETFs saw persistent outflows, and decentralized finance total value locked fell by more than $20 billion amid elevated funding rates and fragile liquidity.
Institutional activity continued despite the pullback, including FalconX’s confidential IPO filing, OKX Ventures’ $53 million investment in South Korea’s Coinone exchange, and rapid growth of Tether’s U.S.-focused stablecoin (up more than 500% over the prior month).
Prediction markets faced increased regulatory scrutiny, and European banking leaders warned about the region’s ability to handle crypto-related shocks under MiCA; sector challenges included tokenization/RWA developments and network outages on Sui.
The industry continued moving toward clearer regulation and product innovation (including protected Bitcoin ETF strategies), with markets watching upcoming inflation data and policy signals for direction.
Fich Crypto Monthly returns %
2. This week overview: Fich Crypto vs the market
Through 28 May 2026, Fich Crypto strategy returned −0.20% in May so far, against −3.57% for Bitcoin and −10.97% for Ethereum.
Stepping back to the year-to-date picture:
3. The portfolio this week: bought, sold, and held
On 28 May 2026 the system closed 5 positions, opened 5 new positions, and held 2 coins from previous weeks, leaving the portfolio at roughly 5.3% cash.
The algorithm systematically closes underperforming assets while holding positions with strong momentum.
Closed trades, return on each closed position:
Average closed-trade return: +4.27%. Hit rate: 2/5 (40% winners).
Current portfolio:
New Portfolio update
Institutional and enterprise adoption narratives are driving the strongest signals across several altcoins, with multiple networks posting breakouts on high volume as catalysts shift from speculation to infrastructure and distribution.
Stellar (XLM) led on a major real‑world asset tokenization headline after DTCC outlined plans to connect its tokenized securities platform to Stellar by 1H 2027, supporting on-chain representation of U.S. assets under an SEC no‑action framework. The news sparked a sharp, market‑decoupling rally and reinforces Stellar’s positioning in compliant settlement rails. Additional momentum is building from growing stablecoin interoperability (Circle CCTP), tokenized cash and yield products, and increased institutional experimentation on the network.
Sei (SEI) is seeing clear risk‑on rotation into high‑performance Layer‑1s, with reported whale accumulation and a strong price/volume surge. Attention is centered on the upcoming “Giga” scalability push (parallelized EVM execution and faster finality targets), while a smartphone distribution agreement to preinstall Sei-powered wallets on millions of Xiaomi devices starting in 2026 stands out as a potential step-change in user onboarding.
Internet Computer (ICP) is being repriced around unusually strong on-chain activity and an AI/sovereign cloud narrative. DFINITY’s “Cloud Engines” launch aims to bring serverless enterprise tooling on-chain with revenue-linked buyback/burn mechanics, directly tying usage to token demand. A recent short squeeze accelerated the move, but the more durable signal is sustained throughput and product commercialization aimed at regulated enterprise workloads.
Filecoin (FIL) continues to lean into the “verifiable data for AI” theme. The NV28 upgrade improved mainnet capabilities for real workloads, and the 2026 strategy prioritizes scaling paid storage deals via programmable, on-chain storage and payment rails. Market focus is also turning to token-economics tightening as vesting overhangs diminish, alongside improving technical structure.
Midnight (NIGHT) is gaining visibility as a privacy-first platform within the Cardano orbit, supported by leadership focus and a federated mainnet rollout featuring notable enterprise node operators. While still early, the combination of governance/treasury initiatives and early application experimentation is supporting relative strength and improving sentiment.
Overall, the dominant cross-market theme is “institutional-grade infrastructure”: compliant tokenization, high-throughput execution, enterprise cloud tooling, and AI-driven data/storage demand—now increasingly paired with concrete distribution channels and usage-linked token mechanics.
4. Multi-year track record
By the end of last week, that hypothetical $1,000 was worth $130,676 in the Crypto strategy, versus $10,226 in spot Bitcoin and $15,371 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.