The uptrend cycle of the cryptocurrency market is based on the DOM (Dominance) index and compared with previous seasons like 2017 and 2021. It is reasonable to speculate that DOM will decrease in the period from 11/2024 to 3/2025 based on historical patterns.
However, to optimize the profit-taking plan, you should pay attention to the following factors:
Technical Analysis (TA): Monitor the main resistance and support zones on the BTC price chart, combining the RSI and MACD indicators to identify overbought/oversold signals.
Market news: Major events such as legal regulations, interest rate decisions from the Fed, or events related to major projects can quickly change trends.
Portfolio structure: You should not go 'all-in' but instead break down price areas to take profits in parts, avoiding complete dependence on a single exit point.
Withdrawal plan: Clearly define your profit targets and the risk ratio you are willing to accept. For example: take 30% profit when the price reaches target 1, take another 50% at target 2, and keep a small portion to maximize profit in case of a strong breakout.
As you said, history often serves as a guide, but the market always carries the risk of unexpected events. Therefore, alongside predictions, be sure to manage your capital tightly.
Wishing you a successful uptrend season!
