Grayscale has been increasing its holdings of LTC, BCH, SOL, LINK, MANA, FIL and other tokens recently, indicating that the bull market is in the early or middle stage. Generally, in the late stage of the bull market, Grayscale will only reduce its holdings, not increase its holdings, so hold the spot and wait for BTC, BGB, SOL, BNB and other tokens to hit new historical highs.