Indeed, in a bull market, considering taking profits is very important. Today, I saw many similar articles.
However, there’s no need to be overly fearful; the current market situation is at the weekly level or higher.
Even for alts, the peak will take some time to form, providing ample time to discover opportunities.
Currently, the structure has almost no bearish formations.
This position needs to go through the phases of slowing upward momentum - consolidation - pullback - acceleration - confirming the end of the trend.
It will take at least more than 2 weeks.
In a bull market, it's best to engage properly and only consider the end of the trend when you notice no increase after more than 2 weeks.
Moreover, a 2-week period might just be a pullback; for a bull market to end, it may need to consolidate for at least over a month before accelerating downwards to conclude.