Cryptocurrency ATH (All Time High) is actually a point that many traders are curious about. It’s short for All Time High, but it’s not just a number—it’s the moment when market psychology concentrates.

When a cryptocurrency reaches an ATH, it means that asset has recorded its highest price ever. It has reached the highest level in its entire trading history up to that point. In situations like this, investors’ expectations rise, and at the same time, risk also becomes much bigger.

Actually, trading around an ATH can be quite difficult. If you buy at the lowest price and sell at the highest, you should be able to make a big profit—but if you buy right after the price reaches an ATH, you’re highly likely to suffer losses during the subsequent correction phase. That’s because at the moment the ATH is reached, the bullish camp is creating strong upward pressure, but the afterward reaction is large.

When approaching a cryptocurrency ATH, technical analysis becomes truly important. By using フィボナッチ and MA (移動平均), you can identify support levels and resistance levels. In particular, Fibonacci ratios like 23.6%, 38.2%, 50%, 61.8%, 78.6%, and 100% are points that many traders refer to.

MA (移動平均) is also effective. If the price falls below the MA line, there may be a downtrend—and vice versa. These indicators are indispensable for predicting price action after reaching an ATH.

For position management at an ATH, there are 3 approaches. First, if you’re a long-term investor and believe in the value, holding all of your positions is an option. However, you need to confirm whether this ATH is temporary. Next is the pattern of selling part of your holdings. Referring to フィボナッチエクステンション (1.270, 1.618, 2.000, 2.618, etc.), you decide the timing to sell. Finally, even if you sell everything, it’s generally common to make decisions using フィボナッチ analysis as well.

The price breakout process is actually divided into 3 stages. The first stage is “アクション,” where the price exceeds the resistance level and trading volume increases. In the second stage, “反応,” the upward momentum weakens and the price is adjusted. In the final “解決” stage, you determine whether the breakout is real.

What you should be careful about when trading near an ATH is relying on intuition rather than technical analysis. This leads to irrational decisions. That’s why it’s important to check candlestick patterns (such as rounded bottoms or square bottoms) and verify the reliability of the breakout.

It’s also important to decide profit-taking points in advance. Set your target profit levels and set stop-loss orders using either percentages or absolute values. Increasing your position should only be done when the risk-reward ratio is favorable and the price is at MA support levels.

A cryptocurrency ATH is an indicator that signals a turning point in the market. Based on your own investment goals, making calm decisions is the key to success.