When the cryptocurrency market enters the final stage of the growth cycle, the traditional questions about "Price targets" or "How much more can BTC and ETH rise?" seem no longer to be the focus of analysis. What traders need to observe more deeply is the market structure and the hidden behavior of cash flow.
At these times, the market is often not lacking in positive news. Announcements about ETFs, institutional participation, or the launch of new financial products are continuously released. However, the biggest difference lies in the price's reaction to the news. When good news appears frequently but the growth margin gradually narrows, this is often a warning sign that the market is shifting from a phase of positive growth to a potential distribution phase.
A subtle point that many traders may overlook: new capital, which is the main driving force pushing the market to its peak, no longer accounts for a large proportion of trading volume. Most of the volume at this time comes from the liquidity of positions held by early investors. When they start to take partial profits, the price doesn't collapse immediately, but volatility will become erratic and more difficult to predict, especially on shorter time frames.
With $BTC and $ETH , attempting to "guess the peak" at this stage offers little advantage. Instead, monitoring the market's reaction after each pullback is key. A healthy market will demonstrate the ability to absorb selling pressure quickly and recover with clear trading volume. Conversely, if the price recovers weakly and liquidity declines, the potential risk is gradually accumulating with each session.
Another perspective worth considering for traders: not trading can also be a superior strategy. Keeping a portion of capital in stablecoins and observing the market from the outside significantly reduces psychological pressure. This helps us avoid hasty, emotional decisions when the market experiences strong fluctuations.
By the end of 2025 and the beginning of 2026, BTC and ETH may still be the two assets leading the market. However, this period requires traders to prioritize risk management and discipline above all, rather than placing heavy expectations on maximum profit. In many cases, preserving capital and maintaining composure is even more important than trying to catch another small increase.
The market is never short of opportunities. The issue is whether we choose the right moment to act, and more importantly, which position we choose to take in the cycle of capital flow.
Are you actively tracking every movement of BTC & ETH, or have you shifted to an observational stance with a defensive mindset?
