Bull market signs? BTC surges, altcoins gather momentum, analyst suggests considering exiting at this point.

BTC surged to $100,000, retail investor frenzy pouring in

The cryptocurrency market has recently experienced a strong upward trend, with BTC prices continuing to reach new highs. As retail investors are influenced by FOMO (fear of missing out), they continue to enter the market and add to their positions. The optimistic sentiment seems to have reached its peak. However, some traders and analysts have warned that this is likely a characteristic of the "end of the bull market" and urge investors to plan their exit strategies carefully.

Trader cevo, with over 356,000 fans on social platform X, issued a warning as BTC reached new highs: "The peak may be near. Altcoins will bring the best returns in this final stage, but don't forget to set up exit mechanisms." The post sparked much debate, with some believing that BTC's rapid rise this year could continue to surge, while others agreed with the view, believing that strong retail investor demand often signals the end of a major bull market.

Source: X trader cevo reminds, "The top may be getting closer."

Is the last fight of the cottage currency? 'The biggest increase often comes at the end'

While BTC is surging, many analysts believe that market funds may shift to altcoins, driving a wave of 'altcoin season' price increases. cevo stated in his observation that most altcoins tend to have the best gains in the late stage of a bull market. If his judgment is correct, investors should seize the profit opportunity during this surge in altcoins and set their exit points as soon as possible.

However, many prominent figures in the cryptocurrency community and investment institutions hold different opinions. They emphasize that if BTC stabilizes above $100,000, it may trigger a new wave of larger-scale rallies, especially for 'utility altcoins' or 'public chain application tokens' that are expected to continue attracting attention. Some well-known traders even claim that 2025 is the starting point of a 'bull market', and in the next one and a half to two years, altcoins may rise by ten to thirty times or more. Don't miss the 'tail market'.

Image source: 'Stockman Ah Xun' fan group, fish tail market diagram

Technical Analysis and Exit Strategies: Which Price Level Should Be Alerted?

BTC has risen by over 146% since the beginning of the year, and has also risen by over 17% in the past 30 days. According to market analysis, well-known trader Wolf shared his exit point in May - when BTC reaches $130,000, it is time to start taking profits in batches; based on the current price of BTC at $106,800, there is still about 21% room for growth from that strategy point. For long-term holders, reaching this threshold may be a good time to reassess their positions.

Image source: TradingView BTC price trend chart

As for the investors of altcoins, the strategy is generally similar: first, pre-set some target prices for partial profit-taking to avoid being caught off guard by sudden and drastic market pullbacks. For those novice participants in the crypto market, analysts suggest considering retaining some positions when cashing in profits, to allow for potential profit margins in case the market unexpectedly rises beyond expectations. However, it is also necessary risk management to take profit early in the face of a potential reversal waterfall at any time.

Risk and opportunity coexist, how to make a plan?

Overall, with BTC reaching new highs, altcoins are eager to try. Most experienced traders emphasize the importance of 'cautious layout and setting clear exit strategies'. For investors who 'are bullish until 2025', there may still be room to seize the next wave of rise, but be aware that if the short-term market becomes overly hot, the subsequent fluctuations will also be more intense. The crypto market is ever-changing, so remember to gradually realize partial profits at the profit points, and never place all funds in the fantasy of 'endless bull market'.

Therefore, in the face of analysts' warnings of the 'end of the bull market,' regardless of when you buy BTC or altcoins, the key is still to ensure risk management and rational thinking. Experienced veterans often plan their exit early when the market is hottest, while rookies or retail investors often rush in and end up becoming bagholders. Whether or not they can successfully realize returns may depend on each investor's views and deployment of this wave of enthusiasm.

【Disclaimer】There are risks in the market, and investment needs to be cautious. This article does not constitute investment advice, and users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investing based on this is at your own risk.

"Is this the end of the bull? BTC surges, altcoins gather strength, analyst: consider exiting at this point" This article was first published on 'Crypto City'