Today's Panic Index is 73, indicating a state of greed.
Based on historical experience to forecast the future, major market tops usually do not happen at once, but require several waves of continuous profit-taking selling pressure to form. Currently, the profit-taking is only the first wave, which means that if market demand can remain robust, Bitcoin still has the potential to welcome the next wave of upward movement. The next significant key resistance level is around $130,000.
Currently, all three major bills have passed, adding bricks to the bull market. However, for those who entered at lower levels, it is advisable to reduce some positions in batches at 12-13-15 levels, even in the case of shouting bull market, one must also consider profits. UN and JUP are nearing a doubling; remember to take out your principal when it comes to altcoins doubling.
