I know nothing about LBRY but one of the simplest heuristics I employ is to look at the ALT/BTC chart for clues on what the market think of a project.
LBRY has been around since 2016 and saw its ATH LBRY/BTC in 2016. It's been through two full bull market cycles (2017 & 2021) and saw a lower LBRY/BTC peak in each cycle and its current pair is near all time lows. The LBRY/BTC 2021 peak basically hit resistance at the same level it found support during the trough of the 2018 bear market. These are all signs of a dying project that will trend to zero over time.
I was underexposed to alts during the 2021 bull market (90% BTC/ETH just like you) so I'd like to build a small bag this time around during the next few years of consolidation. Projects built around Ethereum are probably a good bet so I'm starting to look into RocketPool more which is a more decentralized and trustless version of Lido (LDO) with only 1.5-2% of the ETH liquid staking market share currently and a nice floor value that is correlated to the price of ETH. Great looking RPL/BTC chart.