3. Strategy Proposal
1. Risk Management:
• In such periods of extreme greed, you may consider taking gradual profits.
• Tighten your stop-loss levels in case of declines below the main support levels.
2. New Purchase Decisions:
• During periods of extreme greed, prices are generally at high levels. Therefore, it may be healthier to wait for a correction before making new purchases.
3. Portfolio Balance:
• Consider redirecting some of your current investments into stable assets or stablecoins.
• Be prepared for market volatility.
4. Sentiment Analysis:
• Avoid making hasty decisions by being carried away by the positive atmosphere in the market. In times of extreme greed, irrational actions of investors may increase.
5. Levels to Follow:
• For Bitcoin: If there is a sustained move below USD 88,000, short-term selling pressure may increase.
• 95,000 and 100,000 USD are critical levels as upward targets.
Conclusion
The period of extreme greed can be one of the last stages of the rally. In such periods, gradual profit taking and risk management will be the best strategy to secure gains. Technical indicators and formations should be monitored closely. Act by paying attention to whether resistance levels are broken or not.