When to sell cryptocurrencies?
6 signals to identify the peak of the bull market
The current scenario
Knowing how to buy is important, but knowing how to sell is what separates those who make profits from those who give everything back to the market. Many investors ignore this step, letting the 'greed effect' dictate their decisions.
The trigger
There are clear signals that show when the market may be at its peak:
- Inflow into exchanges – Large volumes of coins being deposited for sale.
- RSI (Relative Strength Index) above 80 – Strong overbought condition.
- Fear and Greed Index at 'extreme greed' – Collective sentiment too optimistic.
- Hype on social media – Mass adoption of crypto terms by those who never talked about the subject.
- Parabolic price action – Rapid and unsustainable rises.
- General hype without fundamentals – Weak projects shooting up along with the market.
The impact on the cryptocurrency market
Ignoring these signals can lead to sharp drops shortly after the peak, turning substantial gains into losses.
What to expect
By combining these indicators with analytical tools, such as those available on Binance, you can plan strategic exits, protect profits, and reinvest at the right moment in the next cycle.
