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Crypto trader Atlas emphasized the importance of locking in profits at the current cycle top. Highlighting a well-timed call from four weeks ago urging followers to “buy the dip,” Atlas now advises selling into strength as Bitcoin pushes into its ATH zone.
A chart shared in his post humorously illustrates the emotional pitfalls of retail behavior, where users tend to buy late and sell even later — missing the peak despite good entry points.
“Now I’m telling you to SELL into this ATH,” Atlas wrote, adding that failing to do so could leave traders underwater in the next phase. He positions timely exits as the key to outperforming the broader market cycle.
Meanwhile, Ali Martinez issued a technical warning based on intraday price structure. According to Ali, Bitcoin must hold above $108,300 to preserve bullish momentum. A drop below this level could open the door to a decline toward $107,000. The accompanying TradingView chart displays tightening price action, reinforcing the critical nature of near-term support.
Both analysts present a cautious outlook despite recent gains. While Atlas focuses on cycle timing and behavioral patterns, Ali points to clear technical thresholds that traders should monitor closely.
As Bitcoin enters a potential turning point, maintaining awareness of both psychological levels and key chart zones will be crucial for those looking to optimize gains or manage downside risk.
The post Bitcoin Hits Local ATH but Analysts Warn: Time to Sell and Watch Key Support appeared first on Coindoo.
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