How to determine the time to exit altcoins?$XRP $LTC $BCH
The simplest and most popular signal is the altcoin season index. It is often used to determine entry points. However, peak values of the index are considered a warning sign for the entire market. According to Coinglass, at the time of writing, the index was at 49. When it reaches 70-100 points, investors should consider taking profits.
The altseason index is rising, and the market capitalization of altcoins has significantly increased in recent days. When the index rises above 70, it's time to sell altcoins.
For other investors, the technical analysis of the altcoin market capitalization (TOTAL3) serves as a benchmark. Peter Brandt and Greeny believe that TOTAL3 is forming a technical pattern known as a 'cup with handle'. If it works out, TOTAL3 could reach $2 trillion. At that point, altcoin holders should consider taking profits.