Top analyst Max Kruger: “Max Long” on cryptocurrencies

Alex Kruger, a well-known analyst, recently expressed confidence about the current cryptocurrency rally. “Everything is going at full speed,” he said, emphasizing his maximum long-distance attitude. It’s far too early to worry, says Kruger. He dismissed the concerns, adding that prices often rise much more than expected before falling back. His message is clear: traders should seize momentum and respect the pump rather than fretting about corrections or fearing market tops.

The critical trading mindset is captured by Kruger’s point of view. He claims that trying to time exits precisely often results in missed opportunities because markets are cyclical. His advice to make peace with the fact that you can’t sell exactly at the top is consistent with the broader idea of ​​riding bull markets rather than worrying about potential dangers. Bitcoin’s current price action supports this sentiment.

Bitcoin is on a remarkable uptrend, most recently reaching $96,500. Strong market health is indicated by the price being well above key moving averages such as the 50, 100 and 200 EMA on the chart, indicating continued bullish momentum. As Bitcoin emerged from a months-long downtrend, the rally began in late October. The price hit new local highs as buying interest increased due to the breakout above $75,000.

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The RSI suggests further upside potential if momentum continues, although it is currently in overbought territory. The immediate resistance lies at the psychological $100,000 level, which could attract traders; $89,000 and $79,000 provide strong downside support.

To maintain the general upward trend, these values ​​are essential. Volume is still high despite a slight taper indicating continued market interest. The current market situation is reflected in Kruger’s maximum long position. His optimism is supported by the Bitcoin chart, which suggests further growth is likely if it breaks above $100,000. However, respecting the pump also requires paying attention to signs of fatigue, which guarantees that traders are ready for any corrections. Currently, Bitcoin continues to lead the rise of the cryptocurrency market.