One of the tools that tells us when a market reversal is near is the NUPL indicator from CryptoQuant. At the moment, we are at the peak of unrealized profits and are already seeing massive fixings from private capital. Now the growth is coming in waves due to institutional investments, but each new wave brings less and less profit.
Another sign of the approach of the market peak is the Crypto Asset Sentiment Index. This index has grown from 0.23 to 0.91 in a week. The number of search queries for "Altcoin" is at a five-year high, and "Ethereum" is at a three-year peak - typical behavior that can precede buyer exhaustion. Now we are breaking the slope of dominance and within one or two months we will see a strong growth of altcoins, and $BTC can reach $130,000.
No one will guess the exact peak of the market, since any correction is perceived as simply a cooling of growth and even a protracted correction will be accompanied by positive news.
I want to convey one thought - do not be greedy. Try to dump half of the position in two x and then take risks with the rest and hold higher. The cycle is not over, but it is gradually moving towards its logical conclusion.
