A pseudonymous trader that accurately predicted the local bottom on major cryptocurrencies in April is now warning that August may see a local top for the crypto market.

On July 18, Nachi revisited his April call, emphasizing that the ideal time to go aggressive was then, not now.

He warns that the market is in a late bullish stage, and traders should be cautious with leverage going forward.

CryptocurrencyTickerCurrent PricePrice As Of April 22BitcoinBTC/USD$117,917.54$90,721EthereumETH/USD$3,783.80$1,693SolanaSOL/USD$195.49$144SuiSUI/USD$3.99$2.46HyperliquidHYPE/USD$46.11$18.83

Also Read: Bitcoin Holds Steady, Ethereum, Solana, Dogecoin Lead Monday Rally

What’s Next: Nachi’s original thesis…

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