Cryptocurrency investors are eagerly anticipating the next major bull market, expected by many to occur in 2024-2025. But crucially, bull runs are followed by bear markets, so timing exits is key to maximizing profits.

Influential crypto analyst Honey on Twitter recently offered advice on when to sell top altcoins Ethereum and Solana at the peak:

“In a bull run, people tend to get overwhelmed and greedy, resulting in holding the coins in spite of selling them. Here’s 2 things to always remember:

You won’t be able to time the top but I assure you, you’ll thank yourself for taking profits.”

We’ve seen these “flip” predictions before previous bull run peaks. For example, in early 2018 there was much talk of Ethereum flipping Bitcoin as ETH hit all-time highs over $1,400. ETH/BTC flippening predictions proliferated before Ethereum crashed over 90% in the 2018 bear market.

Similarly, in 2021 as Solana had its breakout year, rising over 11,000%, Solana maxis called for it to flip Ethereum. By November 2021 SOL hit $260 with loud proclamations of an impending flippening. Instead, Solana proceeded to drop 80%.

The takeaway is not to get caught up in the hype and greed during parabolic rises. When flip predictions reach a fever pitch, a local top is likely nearing. Considering taking partial profits to hedge against a reversal. It may not time the very peak, but goes a long way toward protecting gains.

So in the next cycle, keep an eye out for flip forecasts. They tend to signal pinnacle exuberance just before the trend turns. With prudent selling as markers of peak hype, you’re likely to thank yourself when the bears emerge.

The post When to Sell Ethereum and Solana in the Next Crypto Bull Run – Expert appeared first on CaptainAltcoin.

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