Expert warning: The crypto market is in its final stage

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The cryptocurrency market may have entered the final stage of the growth cycle, according to renowned analyst Jason Pizzino. In a new video on YouTube, he believes that most of the profits have been generated, and future growth momentum may be limited. Although the price of Bitcoin has reached a record high, many investors still expect a new growth phase. However, with the current signs, experts warn that the market may be on the verge of a correction instead of continuing to "boom". Has Bitcoin Reached Its Peak? Will the 500% Increase Repeat? Currently, Bitcoin is trading around 98,912 USD(BTC), up over 500% from the November 2022 low. However, according to Pizzino, the likelihood of Bitcoin continuing to increase by another 500% is very low, as this would mean the price would reach 500,000 - 600,000 USD - an unrealistic increase in current market conditions. The analyst emphasized that Bitcoin has undergone a strong growth cycle, and significant profits have been recorded. He believes that investors should take a more conservative view rather than being too optimistic about the possibility of BTC continuing to rise sharply. Does Ethereum Have a Chance to Hit 10,000 USD? Ethereum (ETH) is currently trading at $2,790, and according to Pizzino, the growth potential of ETH in this cycle still exists but is not groundbreaking. He predicts that ETH could increase from 187% to 258%, pushing the price up to 8,000 - 10,000 USD if there are favorable conditions. However, higher price levels such as 12,000 or 20,000 USD are very unlikely to occur, unless the market experiences a strong growth phase like in 2021. It is important that ETH must surpass the resistance level of 4,000 USD in the near future. Does Sui Still Have Strong Growth Potential? Unlike Bitcoin and Ethereum, SUI (SUI) is considered to still have room for growth. Currently, SUI is trading at $2.95, and according to Pizzino, this coin could reach $10 - $12, equivalent to a 190% increase if the positive trend continues. He also noted that Sui is still holding firm above the key support level of $2.20, indicating a higher potential for future breakthroughs if the market does not encounter negative factors. Will Altcoin Season Come? A big question is whether the altcoin season (altseason) will happen or not. According to some experts, Bitcoin currently holds a high dominance level of over 61%, which makes many altcoins not ready to enter a strong growth cycle. However, if BTC corrects to 57%, this could be a signal that altcoins will start to explode, opening up a great opportunity for investors.

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