According to Miles Deutscher, an optimal crypto portfolio should be built on a BTC and ETH foundation, include growth plays, allocate a smaller speculative slice, and hold dry powder to deploy during opportunities, as summarized in his X post on Aug 31, 2025 (source: @milesdeutscher on X, Aug 31, 2025).

According to Miles Deutscher, stablecoin reserves on Binance have reached an all-time high, indicating a significant amount of capital waiting on the sidelines. This accumulation of 'dry powder' suggests that the market could see substantial movement with the right catalyst.