Just started uptrend - Altcoin has just moved up a bit, and many opinions suggest that the market has entered wave 5 and should be cautious as it is about to downtrend.

But in my personal opinion, if I evaluate the peak level of the uptrend on a scale of 1-10, I see it is only at about 3-4.

Why?

- Most are still just dipping in or newly coming to shore. There is not enough craziness to pull in reckless gamblers who forget the way out.

- Everyone is cautious about holding and switching to trading according to the waves. The cautious mentality is still present.

- Most altcoin charts have not entered the Bull Cycle yet. When looking at the W frame, the old coins in season R will show a W chart with many consecutive candles. At least, the wave should run for 2-3 months for a basic altcoin chart.

- The TOTAL indicators have just surpassed the peak or are near the peak. In reality, there has not been significant capital flowing directly in. It is true that there are more coins this season than the previous one, but the total stopping here or increasing by 30-50% as most discussions I've seen seems unreasonable.

- Only a few old coins have surpassed the old peak. The rest are still entering the bull wave and have not triggered FOMO. Especially for new coins, if there are big games from whales, they have not created any Ponzi waves at all.

- The wave after Halving, after the elections has not truly been strong. If anyone claims this season is different from the previous one, the overall difference is only in the large-cap coins and more coins, while the mechanisms and regulations have not been involved in management, it still follows the same pattern as last season.

In general, each person's perspective and capital are different. Taking profits is never wrong.

In short, one saying: "RISK MORE TO EAT MORE, NO RISK EAT LESS."

As long as you see others eating a lot, don't harbor jealousy. Money comes to those who understand its value.