Bitcoin surges to $100,000, retail investors flood in.
Recently, the cryptocurrency market has experienced a wave of strong upward momentum, with Bitcoin prices continually reaching new highs. As retail investors are heavily influenced by FOMO (fear of missing out), they are entering the market in droves, and market optimism seems to peak. However, some traders and analysts are warning that this could very likely be a characteristic of the "end of the bull market," urging investors to carefully plan their exit strategies.
Trader cevo (with over 356,000 followers) active on social platform X warned in a post as Bitcoin reached new highs: "The peak may not be far away. Altcoins will offer the best returns in this final phase, but don’t forget to set up an exit strategy." The post sparked much debate, with some believing that Bitcoin's surge this year has been rapid and could continue to rise; others agree with his view, believing that strong retail interest often signals that a major rally is nearing its end.
Image source: Trader cevo on X reminding: "The peak may be getting closer."
Last-ditch effort for altcoins? "The largest gains often occur in the final stage."
As Bitcoin surges, many analysts believe market funds may shift towards altcoins, triggering a wave of "altcoin season" rallies. cevo mentioned in sharing his observations that the best gains for most altcoins usually occur at the end of a bull market. If his judgment is correct, then investors should capitalize on profit opportunities during this altcoin surge and set exit points as soon as possible.
However, many prominent crypto figures and investment institutions hold differing opinions. They emphasize that if Bitcoin stabilizes above $100,000, it could initiate a new round of larger-scale rallies, particularly with "utility-focused altcoins" or "public chain application tokens" being viewed as capable of continuing to attract funding. Some well-known traders even assert that 2025 is the starting point of the "mother bull market," and in the next year and a half to two years, altcoins could potentially rise by tenfold to thirtyfold; don’t miss out on the "tail-end rally."
Image source: "Stock Person Ah Xun" fan page Tail-end rally illustration
Technical analysis and exit strategies: At what price level should we be cautious?
Currently, Bitcoin has risen over 146% since the beginning of the year, with over a 17% increase in the past 30 days. According to market analysis, renowned trader Wolf shared his exit point in May—when Bitcoin reaches $130,000, he will start taking profits in batches; based on Bitcoin's current price of $106,800, there is still about a 21% upside potential remaining to that strategy point. For long-term holders, it may be time to reassess positions upon reaching this threshold.
Image source: TradingView Bitcoin price trend chart
As for altcoin investors, the strategy is largely similar: first set partial target prices for taking profits in batches to avoid being caught off guard by sudden market corrections. For investors participating in the crypto market for the first time, analysts suggest considering leaving some positions while cashing in profits to ensure there is still profit room in case the market rises beyond expectations. However, if faced with a potential sudden reversal, it is also necessary to take profits early as part of risk management.
Risks and opportunities coexist, how to formulate a plan?
Overall, as Bitcoin climbs to new heights, altcoins are eager to rise, and most seasoned traders emphasize the importance of "cautious positioning and setting clear exit strategies." For investors who are "bullish until 2025," capturing the next wave of gains may still have potential, but be cautious of excessive short-term market enthusiasm, as subsequent volatility could be more severe. The cryptocurrency market is ever-changing; remember to gradually realize some profits at your profit points and never bet all your funds on the illusion of a "never-ending bull market."
Therefore, in the face of analysts' warnings about the "end of the bull market," regardless of when to buy Bitcoin or altcoins, the key remains ensuring risk management and rational thinking. Experienced veterans often plan their exits early during the hottest market phases, while novices or retail investors tend to rush in headlong, ultimately becoming the bag holders. The ability to successfully realize profits may depend on each investor's perspective and strategy regarding this wave of highs.
[Disclaimer] The market carries risks, and investment requires caution. This article does not constitute investment advice; users should consider whether any opinions, viewpoints, or conclusions in this article align with their specific circumstances. Invest accordingly at your own risk.
'Signs of the end of the bull market? Bitcoin surges, altcoins gain momentum, analysts: Consider exiting at this point.' This article was first published on 'Crypto City.'
